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Branco 40 Chorlton Ltd

13910944

active
Private Limited Company
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

158 CROMWELL ROAD, SALFORD, M6 6DE
Incorporated 11/02/2022

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 09/03/2026

Due 23/03/2027

On track

Industry

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

Officers

Mr Joshua Adam Senior

director · Since 11/02/2022

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 5 other boards

Persons with Significant Control

Cringle Corporation Limited

75–100% shares
75–100% votes

Cringle Corporation Ltd, 111, Rodwell Tower, Piccadilly, Manchester, M1 2HY

Reg: 00413150 · Companies House · Limited Company

Notified 11/02/2022

Mr Joshua Adam Senior

25–50% shares
25–50% votes

British · United Kingdom · Age 36

158, Cromwell Road, Salford, M6 6DE

Notified 11/02/2022

Charges2 outstanding

Charge
outstanding

BROWN SHIPLEY & CO LIMITED

Created 28/06/2023Registered 29/06/2023
Charge
outstanding

BROWN SHIPLEY & CO. LIMITED

Created 01/07/2022Registered 06/07/2022

CompanyRankvs 181533+ SIC 68100 peers
16

Financial strength2th percentile among SIC peers · 1/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio -52.26× · 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 strength1/25 pts

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

Employees3/15 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 28/02/2025

Net Worth

-£200k

Balance sheet strength

Cash

-£3.8M

Cash in the bank

Net Current Assets

-£3.7M

Working capital

Current Assets

-£3.6M

Current Liabilities

£70k

Fixed Assets

£11.0M

Debtors

£123k

0avg. employees

Balance Sheet

Assets less current liabilities£7.3M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2025-52.26+£0
2025-52.26-£38k
2024-62.83-£160k
20230.70

Derived from filed accounts. Not audited figures.