Company Overview
Spanish Properties Assets Management Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 03 June 2003, so this is a well established company. Spanish Properties Assets Management Ltd has been in business for 22 years and 10 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

1 Waterside, Station Road, Harpenden, Hertfordshire, AL5 4US
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Companies House Data
Company NameSPANISH PROPERTIES ASSETS MANAGEMENT LTD
Company Number04785999
Registered Office Address1 Waterside
 Station Road
 AL5 4US
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date03/06/2003
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date01/07/2017
Returns Last Made Up Date03/06/2016
Directors & Members
Show Resigned
David Corgat - Director
(British, 65 years old, born October 1961)
Appointed 10 June 2003
Active
Thomas Cullen - Director
(British, 78 years old, born December 1948)
Appointed 31 January 2022
Active
John Donohoe - Director
(British, 64 years old, born January 1962)
Appointed 31 March 2009
Active
Mark Jones - Director
(British, 60 years old, born January 1966)
Appointed 31 March 2009
Active
Graham Powling - Director
(British, 69 years old, born February 1957)
Appointed 10 June 2003
Active
Secretaries
Show Resigned
Graham Powling - Secretary
(British)
Appointed 10 June 2003
Active
Other Company Directorships
David Corgat
ANGEL ASSET FINANCE LIMITED
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Thomas Cullen
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John Donohoe
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SYMPHONY TELECOM LIMITED
SYNBIOTIX SOLUTIONS LIMITED
SYSTEMATIC TELECOMS LIMITED
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Graham Powling
ANGEL ASSET FINANCE LIMITED
BLUEBILL LTD
CONCERT GROUP LIMITED
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NETWORK BUSINESS CALL LIMITED
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Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2021 31-Dec-2020
Balance Sheet
Fixed Assets 0 0 0
Current Assets 209,624 209,624 206,049
Creditors Due Within One Year 652,226 652,226 642,883
Working Cap -442,602 -442,602 -436,834
Total Assets Less Current Liabilities -442,602 -442,602 -436,834
Long-term Liabilities 0 0 0
Net Assets -442,602 -442,602 -436,834
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -442,602 -442,602 -436,834
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2021 31-Dec-2020
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand 3.5% 3.5% 1.2%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 311.1% 311.1% 312.0%
Net Current Assets Liabilities -211.1% -211.1% -212.0%
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 -211.1% -211.1% -212.0%
Capital Employed - - -
Total Assets Less Current Liabilities -211.1% -211.1% -212.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2021 31-Dec-2020
Liquidity Ratio 0.3 0.3 0.3
Solvency Ratio 0.3 0.3 0.3
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2021 31-Dec-2020
Assets 209,624 209,624 206,049
Debt 652,226 652,226 642,883
Net Assets/Debt -442,602 -442,602 -436,834

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our 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 has some deficiency. The balance sheet net assets figure is negative.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our 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 has some deficiency. The balance sheet net assets figure is negative.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our 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 has some deficiency. The balance sheet net assets figure is negative.

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 3 June 2025 with no updates
Director's details changed for Mr John Anthony William Donohoe on 8 October 2024
Confirmation statement made on 3 June 2024 with no updates
Confirmation statement made on 3 June 2023 with no updates
Confirmation statement made on 3 June 2022 with no updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Appointment of Mr Thomas Edward Cullen as a director on 31 January 2022
Confirmation statement made on 3 June 2021 with no updates
Director's details changed for Mr John Anthony William Donohoe on 25 March 2021
Confirmation statement made on 3 June 2020 with no updates
Confirmation statement made on 3 June 2019 with no updates
Confirmation statement made on 3 June 2018 with no updates
Confirmation statement made on 3 June 2017 with no updates
Notification of a person with significant control statement

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