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Square Acre Limited

14376224

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

48 Garwood Crescent, Grange Farm, Milton Keynes, MK8 0PS
Incorporated 26/09/2022

Compliance

Last accounts

30/09/2025

micro entity

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 03/09/2025

Due 17/09/2026

On track

Industry

45112
Sale of used cars and light motor vehicles
55100
Hotels and similar accommodation
77110
Renting and leasing of cars and light motor vehicles
98000
Undifferentiated goods-and services-producing activities of private households for own use

Officers

Adenike Olubukola Owonaiye

director · Since 26/09/2022

British · England · Age 63

Olakunle Dominic Doregos

director · Since 03/04/2023

Nigerian · Nigeria · Age 46

Bolanle Olajomi-Otubu

director · Since 03/04/2023

Nigerian · Nigeria · Age 54

Morayo Anthonia Osiyemi

secretary · Since 10/03/2024

Former

Vikramkumar Kanubhai Patel

secretary · Resigned 07/03/2024

Persons with Significant Control

Olakunle Dominic Doregos

25–50% shares

Nigerian · Nigeria · Age 46

48, Garwood Crescent, Milton Keynes, MK8 0PS

Notified 03/04/2023

Bolanle Olajomi-Otubu

25–50% shares

Nigerian · Nigeria · Age 54

48, Garwood Crescent, Milton Keynes, MK8 0PS

Notified 03/04/2023

Former PSCs

Mrs Adenike Olubukola Owonaiye

Ceased 03/04/2023

Change History

officer appointedOWONAIYE, Adenike Olubukola
2026-06-06
officer appointedOSIYEMI, Morayo Anthonia
2026-06-06
officer appointedDOREGOS, Olakunle Dominic
2026-06-06
officer appointedOLAJOMI-OTUBU, Bolanle
2026-06-06
statusactive
2026-06-06

Active

typeltd
2026-06-06

Private Limited Company

address line148 Garwood Crescent
2026-06-06

48 GARWOOD CRESCENT

post townMilton Keynes
2026-06-06

MILTON KEYNES

CompanyRankvs 13481+ SIC 45112 peers
46

Financial strength77th percentile among SIC peers · 19/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees6/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£41k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£20k

Working capital

Current Assets

£20k

Current Liabilities

£60k

1avg. employees+1

Balance Sheet

Assets less current liabilities£20k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.33+£13k
20230.51

Derived from filed accounts. Not audited figures.