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Designwell 3 Ltd

14136022

active
Private Limited Company
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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

Charges3 outstanding

Charge
outstanding

KEYSTONE PROPERTY FINANCE LIMITED

Created 15/12/2022Registered 22/12/2022
Charge
outstanding

KEYSTONE PROPERTY FINANCE LIMITED

Created 15/12/2022Registered 22/12/2022
Charge
outstanding

KEYSTONE PROPERTY FINANCE LIMITED

Created 08/11/2022Registered 10/11/2022

CompanyRankvs 103988+ SIC 68100 peers
29

Financial strength19th percentile among SIC peers · 5/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.23× · 12/20
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 strength5/25 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.

Liquidity12/20 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

-£6k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£12k

Current Liabilities

£10k

Fixed Assets

£2.3M

Debtors

£10k

0avg. employees

Balance Sheet

Bank loans & overdrafts£1.3M
Assets less current liabilities£2.3M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20241.23+£5k
20230.73

Derived from filed accounts. Not audited figures.