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Prominence Property Investments Ltd

13910983

active
Private Limited Company
Companies House
Health Score
55 / 100

Notable Risks

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

Details

1110 ELLIOTT COURT COVENTRY BUSINESS PARK, COVENTRY, CV5 6UB
Incorporated 11/02/2022

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

Mr Manpreet Singh Sangha

director · Since 11/02/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 1 other board

Persons with Significant Control

Mr Manpreet Singh Sangha

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 33

1110 Elliott Court, Coventry Business Park, Coventry, CV5 6UB

Notified 11/02/2022

Charges6 outstanding

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outstanding

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CompanyRankvs 117616+ SIC 68100 peers
26

Financial strength23th percentile among SIC peers · 6/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.47× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength6/25 pts

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

Employees9/15 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.

Longevity4/15 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 31/10/2024

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£46k

Working capital

Current Assets

£40k

Current Liabilities

£86k

Fixed Assets

£620k

1avg. employees

Balance Sheet

Assets less current liabilities£574k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.47+£12k
20230.01-£517
20220.01

Derived from filed accounts. Not audited figures.