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Panashe Property Ltd

14229434

active
ltd
england wales
Companies House
Confirmation statement overdue
Health Score
68 / 100

Some Concerns

20/30
Filing
10/30
Financial
38/40
Risk
  • Confirmation statement overdue (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

16 Limbrick Close, Worthing, BN12 6AD
Incorporated 12/07/2022

Compliance

Last accounts

31/07/2025

micro entity

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 11/07/2025

Due 25/07/2026

Overdue

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Michael Mangoro

director · Since 12/07/2022

BUSINESS MANAGER

BRITISH · ENGLAND · Age 47

Also on 1 other board

Michael Mangoro

director · Since 12/07/2022

British · England · Age 47

Persons with Significant Control

Mr Michael Mangoro

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

British · England · Age 47

16, Limbrick Close, Worthing, BN12 6AD

Notified 12/07/2022

Charges1 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 07/09/2022Registered 13/09/2022

Change History

statusactive
2026-08-10

Active

typeltd
2026-08-10

Private Limited Company

address line116 Limbrick Close
2026-08-10

16 LIMBRICK CLOSE

post townWorthing
2026-08-10

WORTHING

officer appointedMANGORO, Michael
2026-08-10

CompanyRankvs 235662+ SIC 68209 peers
23

Financial strength51th percentile among SIC peers · 13/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceOne filing overdue · 5/15
Outstanding charges -10
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How is this score calculated?
Financial strength13/25 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 compliance5/15 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 31/07/2025

Net Worth

£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£59k

Working capital

Current Assets

£520

Current Liabilities

£59k

Fixed Assets

£239k

1avg. employees+1

Balance Sheet

Assets less current liabilities£180k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£735
20240.03-£619
20230.02

Derived from filed accounts. Not audited figures.