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Mk5 Rooms Ltd

15152969

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

86 REDLAND DRIVE, MILTON KEYNES, MK5 8FE
Incorporated 21/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68310
Real estate agencies
68320
Management of real estate on a fee or contract basis

Officers

Mr Jaswinder Singh Nagra

director · Since 21/09/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 3 other boards

Mr Tejinder Singh Nagra

director · Since 21/09/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Mr Tejinder Singh Nagra

25–50% shares
25–50% votes
Appoint directors

British · England · Age 44

86, Redland Drive, Milton Keynes, MK5 8FE

Notified 21/09/2023

Mr Jaswinder Singh Nagra

25–50% shares
25–50% votes
Appoint directors

British · England · Age 46

86, Redland Drive, Milton Keynes, MK5 8FE

Notified 21/09/2023

Charges1 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 01/02/2024Registered 13/02/2024

CompanyRankvs 1081040+ SIC 68100 peers
26

Financial strength15th percentile among SIC peers · 4/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.21× · 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 strength4/25 pts

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

Employees12/15 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 30/09/2024

Net Worth

-£13k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£4k

Current Liabilities

£21k

Fixed Assets

£348k

2avg. employees

Balance Sheet

Assets less current liabilities£332k
Signed by Mr Jaswinder Nagra Mr Tejinder Nagra 23/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.21

Derived from filed accounts. Not audited figures.