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British New Guinea Development Limited(The)

00183184

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

EASTCASTLE HOUSE, LONDON, W1W 8DH
Incorporated 17/07/1922

Compliance

Last accounts

31/12/2025

full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 01/04/2025

Due 15/04/2026

Overdue

Industry

70100
Activities of head offices

Officers

Foo Choon Tham

director · Since 01/07/2016

DIRECTOR

MALAYSIAN · MALAYSIA · Age 65

Foo Keong Tham

director · Since 01/07/2016

DIRECTOR

MALAYSIAN · MALAYSIA · Age 70

Michael Galia Bai

director · Since 01/07/2019

DIRECTOR

PAPUA NEW GUINEAN · PAPUA NEW GUINEA · Age 51

Msp Corporate Services Limited

secretary · Since 01/05/2023

Also on 237 other boards

Kin Shun Tham

director · Since 06/06/2023

DIRECTOR

MALAYSIAN · MALAYSIA · Age 33

Peter Vincent

director · Since 06/11/2023

DIRECTOR

PAPUA NEW GUINEAN · PAPUA NEW GUINEA · Age 69

CompanyRankvs 28500+ SIC 70100 peers
73

Financial strength91th percentile among SIC peers · 23/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 7.64× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees0/15 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.

Longevity15/15 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 31/12/2018

Net Worth

£3.7M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£4.2M

Working capital

Current Assets

£4.2M

Current Liabilities

£556k

Fixed Assets

£43k

Balance Sheet

Assets less current liabilities£4.3M

EstimatesDerived

YearCurrent Ratio
20187.64

Derived from filed accounts. Not audited figures.