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A.B. Concord Properties Ltd

15811285

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

SUITE 3, SECOND FLOOR 760 EASTERN AVENUE, ILFORD, IG2 7HU
Incorporated 01/07/2024

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

Officers

Mr Adel Banafa

director · Since 01/07/2024

DIRECTOR

CYPRIOT · UNITED ARAB EMIRATES · Age 51

Persons with Significant Control

Adel Banafa

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

Cypriot · United Arab Emirates · Age 51

Suite 3, Second Floor, 760 Eastern Avenue, Ilford, IG2 7HU

Notified 01/07/2024

CompanyRankvs 162632+ SIC 68100 peers
29

Financial strength13th percentile among SIC peers · 3/25
Employees60th percentile among SIC peers · 9/15
LiquidityNo balance sheet data · 0/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 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.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity2/15 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 31/12/2024

Net Worth

-£17k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£6k

Debtors

£8k

1avg. employees

Balance Sheet

Assets less current liabilities£2k
Prepared with Digita Accounts Production Advanced