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Phelan Independent Properties Uk Limited

14737958

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • 5 outstanding charges (-10)

Details

RUSSELL HOUSE, ALNWICK, NE66 1HB
Incorporated 17/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Joseph David Phelan

director · Since 17/03/2023

SOLICITOR

BRITISH · UNITED KINGDOM · Age 38

Also on 4 other boards

Mr Luke Phelan

director · Since 17/03/2023

SOLICITOR

BRITISH · UNITED KINGDOM · Age 42

Also on 3 other boards

Persons with Significant Control

Mr Luke Phelan

25–50% shares
25–50% votes

British · United Kingdom · Age 42

39, Royal Oak Gardens, Alnwick, NE66 2DA

Notified 17/03/2023

Mr Joseph David Phelan

25–50% shares
25–50% votes

English · United Kingdom · Age 38

15, Harecross Park, Morpeth, NE65 8BW

Notified 17/03/2023

Charges5 outstanding

Charge
outstanding

MTF (LE) LIMITED

Created 16/04/2026Registered 20/04/2026
Charge
outstanding

ALDERMORE BANK PLC

Created 29/09/2025Registered 02/10/2025
Charge
outstanding

MTF (LE) LIMITED

Created 18/07/2025Registered 24/07/2025
Charge
outstanding

CHL MORTGAGES FOR INTERMEDIARIES LIMITED

Created 08/05/2024Registered 08/05/2024
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 30/06/2023Registered 05/07/2023

CompanyRankvs 178566+ SIC 68100 peers
15

Financial strength8th percentile among SIC peers · 2/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 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.

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.

Longevity3/15 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 31/03/2025

Net Worth

-£42k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£156k

Working capital

Current Assets

£4k

Current Liabilities

£160k

Fixed Assets

£115k

0avg. employees

Balance Sheet

Assets less current liabilities-£41k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02-£3k
20240.01

Derived from filed accounts. Not audited figures.