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Designwell 2 Ltd

14135989

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

VYMAN HOUSE, HARROW, HA1 1BQ
Incorporated 27/05/2022

Compliance

Last accounts

31/05/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 26/05/2025

Due 09/06/2026

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr Parag Patel

director · Since 27/05/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 15 other boards

Persons with Significant Control

Designwell Properties Limited

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

Vyman House, 104 College Road, Harrow, HA1 1BQ

Reg: 05392266 · Uk Register Of Companies · Private Company Limited By Shares

Notified 27/05/2022

Charges1 outstanding

Charge
outstanding

KEYSTONE PROPERTY FINANCE LIMITED

Created 04/11/2022Registered 09/11/2022

CompanyRankvs 108409+ SIC 68100 peers
32

Financial strength56th percentile among SIC peers · 14/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.98× · 6/20
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 strength14/25 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.

Liquidity6/20 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 31/05/2024

Net Worth

£1k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£132

Working capital

Current Assets

£6k

Current Liabilities

£6k

Fixed Assets

£975k

Debtors

£4k

0avg. employees

Balance Sheet

Bank loans & overdrafts£525k
Assets less current liabilities£975k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.98+£4k
20230.53

Derived from filed accounts. Not audited figures.