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Tpg Lets Ltd

13744739

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

THE YARD SUITE 2.2, SUNDERLAND, SR1 3AW
Incorporated 15/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mrs Jayne Rachel Green

director · Since 15/11/2021

TEACHER

BRITISH · SCOTLAND · Age 42

Also on 1 other board

Dr Richard James Green

director · Since 15/11/2021

DOCTOR

SCOTTISH · SCOTLAND · Age 42

Also on 2 other boards

Persons with Significant Control

Mrs Jayne Rachel Green

25–50% shares
25–50% votes

British · Scotland · Age 42

The Yard Suite 2.2, Gill Bridge Avenue, Sunderland, SR1 3AW

Notified 15/11/2021

Dr Richard James Green

25–50% shares
25–50% votes

Scottish · Scotland · Age 42

The Yard Suite 2.2, Gill Bridge Avenue, Sunderland, SR1 3AW

Notified 15/11/2021

Charges3 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 02/08/2022Registered 11/08/2022
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 11/05/2022Registered 12/05/2022
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC COMPANY NUMBER 02222856

Created 08/03/2022Registered 24/03/2022

CompanyRankvs 108774+ SIC 68100 peers
29

Financial strength18th percentile among SIC peers · 5/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength5/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

-£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£150k

Working capital

Current Assets

£10k

Current Liabilities

£159k

Fixed Assets

£517k

2avg. employees

Balance Sheet

Assets less current liabilities£368k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.06+£3k
20230.03+£5k
20220.01

Derived from filed accounts. Not audited figures.