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Matel Properties (2) Limited

16002959

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

12 RYHILL WAY, READING, RG6 4AZ
Incorporated 07/10/2024

Compliance

Last accounts

31/10/2025

micro entity

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 06/10/2025

Due 20/10/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Sandeep Kantilal Lakhani

director · Since 07/10/2024

LAWYER

BRITISH · UNITED KINGDOM · Age 64

Also on 5 other boards

Mrs Sangita Sandeep Lakhani

director · Since 07/10/2024

SELF-EMPLOYED

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Mr Shiven Sandeep Lakhani

director · Since 07/10/2024

DOCTOR

BRITISH · UNITED KINGDOM · Age 32

Also on 1 other board

Miss Suhani Sandeep Lakhani

director · Since 07/10/2024

PHARMACIST

BRITISH · UNITED KINGDOM · Age 27

Also on 1 other board

Persons with Significant Control

Mr Shiven Sandeep Lakhani

Significant control

British · United Kingdom · Age 32

12, Ryhill Way, Reading, RG6 4AZ

Notified 07/10/2024

Charges1 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 13/10/2025Registered 15/10/2025

CompanyRankvs 85312+ SIC 68209 peers
47

Financial strength67th percentile among SIC peers · 17/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 33.81× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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.

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 31/10/2025

Net Worth

£28k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£29k

Working capital

Current Assets

£30k

Current Liabilities

£890

Fixed Assets

£200k

0avg. employees

Balance Sheet

Assets less current liabilities£229k
Signed by 4 MATEL PROPERTIES (2) LIMITEDPrepared with TinyTax

EstimatesDerived

YearCurrent Ratio
202533.81

Derived from filed accounts. Not audited figures.