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Purplebricks Property Limited

14856837

active
ltd
england wales
Companies House
Confirmation statement overdue
Health Score
55 / 100

Notable Risks

15/30
Filing
0/30
Financial
40/40
Risk
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

146 Freston Road, London, W10 6TR
Incorporated 09/05/2023

Previously known as

Strike Bidco Limited · until 15/06/2023

Compliance

Last accounts

31/03/2024

full

Next accounts due

24/06/2026

On track

Confirmation statement

Last: 07/05/2025

Due 21/05/2026

Overdue

Industry

68310
Real estate agencies

Officers

Jack Charles Folland

director · Since 28/01/2025

British · England · Age 28

Former

Samuel Paul Stewart Mitchell

director · Resigned 01/11/2024

Deepak Jayaprakash

director · Resigned 29/01/2025

Robert John Nichols

director · Resigned 30/01/2026

Stuart Andrew Alfredson

director · Resigned 20/03/2026

Persons with Significant Control

Strike Limited

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

650 The Crescent, Colchester Business Park, Colchester, CO4 9YQ

Reg: 07622707 · United Kingdom Companies House · Private Limited Company

Notified 09/05/2023

Change History

officer appointedFOLLAND, Jack Charles
2026-06-09
statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line1146 Freston Road
2026-06-09

146 FRESTON ROAD

post townLondon
2026-06-09

LONDON

CompanyRankvs 26960+ SIC 68310 peers
15

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.15× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceOne filing overdue · 5/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 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 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

Going concern doubt: -10 pts

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

Going Concern Doubt

erational execution and the long-term availability of future funding. In light of such risks, there is a material uncertainty that may cast significant doubt on the company’s ability to continue as a going concern. Notwithstanding this material uncertainty, the directors remain confident in the strategy, future direction, and long-term plans of the business. The directors therefore have a reasonab

Key FinancialsYear ending 31/03/2024

Net Worth

-£23.5M

Balance sheet strength

Cash

£262k

Cash in the bank

Profit Before Tax

-£23.5M

Bottom line earnings

Net Current Assets

-£22.9M

Working capital

Current Assets

£4.1M

Current Liabilities

£26.9M

Fixed Assets

£51k

Debtors

£3.8M

Cost of Sales

£19.4M

Admin Expenses

£24.5M

Profit After Tax

-£23.5M

720avg. employees

People Costs

Wages & salaries£20.7M

Balance Sheet

Intangible assets-£470k
Assets less current liabilities-£22.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.15

Derived from filed accounts. Not audited figures.