Back to search

Distinction Properties Limited

15214532

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

19-21 HATCHETT STREET, BIRMINGHAM, B19 3NX
Incorporated 16/10/2023

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
68320
Management of real estate on a fee or contract basis

Officers

Mr David Wijendran Muthuveloe

director · Since 16/10/2023

DOCTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 1 other board

Persons with Significant Control

Mr David Wijendran Muthuveloe

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

British · United Kingdom · Age 43

19-21, Hatchett Street, Birmingham, B19 3NX

Notified 16/10/2023

Charges1 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 27/03/2024Registered 03/04/2024

CompanyRankvs 128651+ SIC 68100 peers
25

Financial strength24th percentile among SIC peers · 6/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength6/25 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.

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 31/10/2024

Net Worth

-£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£42k

Working capital

Current Assets

£21k

Current Liabilities

£64k

Fixed Assets

£124k

1avg. employees

Balance Sheet

Assets less current liabilities£81k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.33

Derived from filed accounts. Not audited figures.