Company Overview
Nikar Properties (Bradford) Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 18 September 2012, so this is a well established company. Nikar Properties (Bradford) Limited has been in business for 13 years and 6 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

C/O Pm+M New Century House, Greenbank Technology Park, Challenge Way, Blackburn, Lancashire, BB1 5QB
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Companies House Data
Company NameNIKAR PROPERTIES (BRADFORD) LIMITED
Company Number08218360
Registered Office AddressC/O Pm+M New Century House
 Greenbank Technology Park, Challenge Way
 BB1 5QB
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date18/09/2012
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 Date16/10/2016
Returns Last Made Up Date18/09/2015
Previous Company NameChanged Date
INCEPTUM2 FAMILIA LTD13 Feb 2025
INCEPTUM2 TELECOMS LIMITED10 Oct 2017
Directors & Members
Show Resigned
Nigel Brain - Director
(British, 72 years old, born August 1954)
Appointed 31 January 2018
 Active
Karin Butschok - Director
(British, 66 years old, born October 1960)
Appointed 31 January 2018
 Active
Secretaries
Show Resigned
Other Company Directorships
Nigel Brain
ALLIED VENTURA LIMITED
FARMING INNOVATION LIMITED
FENTON HOUSE LIMITED
FODDER FRESH LIMITED
GENUS VEHICLE SOLUTIONS LIMITED
HILLTOP NORTH LIMITED
HILLTOP SOUTH LIMITED
KPN MERCHANDISE LIMITED
LEASECO. LIMITED
LEASING OPTIONS LIMITED
MY SERVASSURE LIMITED
NIKAR CAPITAL LIMITED
NIKAR HOLDINGS LIMITED
NIKAR PROPERTIES (BLACKBURN) LIMITED
NIKAR PROPERTIES (GLENROTHES) LIMITED
NIKAR PROPERTIES (PRESTWICH) LIMITED
NIKAR PROPERTIES (SJS) LIMITED
NIKAR PROPERTIES (SJS12) LIMITED
Karin Butschok
FARMING INNOVATION LIMITED
GENUS VEHICLE SOLUTIONS LIMITED
KPN MERCHANDISE LIMITED
LEASECO. LIMITED
LEASING OPTIONS LIMITED
NIKAR CAPITAL LIMITED
NIKAR HOLDINGS LIMITED
NIKAR PROPERTIES (BLACKBURN) LIMITED
NIKAR PROPERTIES (GLENROTHES) LIMITED
NIKAR PROPERTIES (PRESTWICH) LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 853,192 853,192 853,192
Current Assets 91,162 91,162 61,327
Creditors Due Within One Year 607,829 607,829 624,295
Working Cap -516,667 -516,667 -562,968
Total Assets Less Current Liabilities 336,525 336,525 290,224
Long-term Liabilities 55,757 55,757 54,795
Net Assets 280,768 280,768 235,429
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 280,768 280,768 235,429
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 90.3% 90.3% 93.3%
Stocks Inventory - - -
Debtors 9.0% 9.0% 5.8%
Cash Bank In Hand 0.6% 0.6% 0.9%
Current Assets 9.7% 9.7% 6.7%
Creditors Due Within One Year 64.4% 64.4% 68.3%
Net Current Assets Liabilities -54.7% -54.7% -61.6%
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 29.7% 29.7% 25.7%
Capital Employed - - -
Total Assets Less Current Liabilities 35.6% 35.6% 31.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 0.1 0.1 0.1
Solvency Ratio 1.4 1.4 1.3
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 944,354 944,354 914,519
Debt 663,586 663,586 679,090
Net Assets/Debt 280,768 280,768 235,429

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 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.

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 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 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 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.

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
Registered office address changed from C/O Pm+M New Century House Greenbank Technology Park, Challenge Way Blackburn Lancashire BB1 5QB England to Options House Atkin Street Worsley Manchester M28 3DG on 30 January 2026
Confirmation statement made on 12 September 2025 with no updates
Certificate of change of name
Confirmation statement made on 12 September 2024 with no updates
Confirmation statement made on 12 September 2023 with updates
Confirmation statement made on 12 September 2022 with no updates
Registered office address changed from C/O Haworths Chartered Accountants Second Floor, the Old Tannery Eastgate Accrington BB5 6PW England to C/O Pm+M New Century House Greenbank Technology Park, Challenge Way Blackburn Lancashire BB1 5QB on 13 April 2022
Confirmation statement made on 12 September 2021 with updates
Confirmation statement made on 12 September 2020 with updates
Confirmation statement made on 12 September 2019 with updates
Previous accounting period extended from 30 September 2018 to 31 December 2018
Confirmation statement made on 12 September 2018 with updates
Director's details changed for Mrs Karin Patricia Butschok on 2 October 2018
Director's details changed for Mr Nigel Gordon Brain on 2 October 2018
Registered office address changed from 4 Lockside Office Park Lockside Road Preston PR2 2YS to C/O Haworths Chartered Accountants Second Floor, the Old Tannery Eastgate Accrington BB5 6PW on 5 February 2018
Appointment of Mrs Karin Patricia Butschok as a director on 31 January 2018
Termination of appointment of Owen Gerard Mclaughlin as a director on 1 February 2018
Termination of appointment of Justine Dowds as a secretary on 1 February 2018
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