Company Overview
Sussex Way Property Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 24 October 2016, so this is a well established company. Sussex Way Property Limited has been in business for 7 years and 6 months. The accounts status is total exemption full and the accounts are next due on Tuesday 31 October 2023.
Registered Address

10 London Mews, Paddington, London, W2 1HY
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Companies House Data
Company NameSUSSEX WAY PROPERTY LIMITED
Company Number10441781
Registered Office Address10 London Mews
 Paddington
 W2 1HY
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date24/10/2016
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/10/2023
Accounts Last Made Up Date31/10/2021
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date21/11/2017
Directors & Members
Show Resigned
Jonathan Middleburgh - Director
(British, 57 years old, born January 1967)
Director - Appointed 24 October 2016
Active
Nicholas Pelmont - Director
(British, 53 years old, born June 1971)
Director - Appointed 24 October 2016
Active
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 31-Oct-2021 31-Oct-2020 31-Oct-2019
Balance Sheet
Fixed Assets 1,100,000 1,100,000 1,100,000
Current Assets 31,924 15,468 7,473
Creditors Due Within One Year 110,389 107,388 110,088
Working Cap -78,465 -91,920 -102,615
Total Assets Less Current Liabilities 1,021,535 1,008,080 997,385
Long-term Liabilities 745,187 742,631 756,473
Net Assets 276,348 265,449 240,912
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 276,348 265,449 240,912
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2021 31-Oct-2020 31-Oct-2019
Tangible Fixed Assets - - -
Fixed Assets 97.2% 98.6% 99.3%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand 2.8% 1.4% 0.7%
Current Assets 2.8% 1.4% 0.7%
Creditors Due Within One Year 9.8% 9.6% 9.9%
Net Current Assets Liabilities -6.9% -8.2% -9.3%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 24.4% 23.8% 21.8%
Capital Employed - - -
Total Assets Less Current Liabilities 90.2% 90.4% 90.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2021 31-Oct-2020 31-Oct-2019
Liquidity Ratio 0.3 0.1 0.1
Solvency Ratio 1.3 1.3 1.3
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 5
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 3
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2021 31-Oct-2020 31-Oct-2019
Assets 1,131,924 1,115,468 1,107,473
Debt 855,576 850,019 866,561
Net Assets/Debt 276,348 265,449 240,912
Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 23 October 2023 with no updates
Confirmation statement made on 23 October 2022 with no updates
Confirmation statement made on 23 October 2021 with no updates
Confirmation statement made on 23 October 2020 with no updates
Confirmation statement made on 23 October 2019 with no updates
Registration of charge 104417810005, created on 20 November 2018
Confirmation statement made on 23 October 2018 with updates
Notification of Jonathan Middleburgh as a person with significant control on 12 October 2018
Notification of Nicholas David Pelmont as a person with significant control on 12 October 2018
Cessation of Reva Haruni as a person with significant control on 12 October 2018
Cessation of Heidi Pelmont as a person with significant control on 12 October 2018
Confirmation statement made on 23 October 2017 with updates
Satisfaction of charge 104417810003 in full
Registration of charge 104417810004, created on 20 July 2017
Satisfaction of charge 104417810001 in full
Satisfaction of charge 104417810002 in full
Registration of charge 104417810003, created on 6 June 2017
Termination of appointment of Reva Haruni as a director on 2 June 2017
Termination of appointment of Heidi Gail Cohen as a director on 2 June 2017

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