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Passion For Property Limited

15240436

active
Private Limited Company
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

305 OLD LAIRA ROAD, PLYMOUTH, PL3 6DH
Incorporated 27/10/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
55900
Other accommodation
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Oluwatobi Adegboyega Joseph-Johnson

director · Since 27/10/2023

CONSULTANT

BRITISH · ENGLAND · Age 38

Mrs Laura Joseph-Johnson

director · Since 25/06/2024

ADMINISTRATOR

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Mr Oluwatobi Adegboyega Joseph-Johnson

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

British · England · Age 38

305, Old Laira Road, Plymouth, PL3 6DH

Notified 27/10/2023

CompanyRankvs 55345+ SIC 41100 peers
40

Financial strength50th percentile among SIC peers · 13/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength13/25 pts

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

Employees7/15 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.

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

£245

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£245

Working capital

Current Assets

£165

Current Liabilities

£410

1avg. employees

Balance Sheet

Assets less current liabilities£245
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.40

Derived from filed accounts. Not audited figures.