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Nailsworth (No.2) Limited

04029360

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
50 / 100

Notable Risks

30/30
Filing
10/30
Financial
10/40
Risk
  • Active insolvency proceedings (-20)
  • 6 outstanding charges (-10)

Details

17 WINDSOR TERRACE, NEWCASTLE UPON TYNE, NE2 4HE
Incorporated 07/07/2000

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

31/03/2026

Overdue

Confirmation statement

Last: 04/10/2025

Due 18/10/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Sayeed Rashid

director · Since 03/11/2000

PROPERTY DEVELOPER

BRITISH · UNITED KINGDOM · Age 70

Also on 3 other boards

Persons with Significant Control

Former PSCs

Mr Sayeed Rashid

Ceased 16/12/2025

Mr Sayeed Rashid

Ceased 16/12/2025

Charges6 outstanding

Charge
outstanding

TFG CAPITAL LIMITED

Created 29/11/2024Registered 11/12/2024
Charge
outstanding

TFG CAPITAL LIMITED

Created 29/11/2024Registered 06/12/2024
Charge
outstanding

TFG CAPITAL LIMITED

Created 29/11/2024Registered 06/12/2024
Charge
outstanding

TFG CAPITAL LIMITED

Created 29/11/2024Registered 05/12/2024
Charge
outstanding

ALDERMORE BANK PLC

Created 21/05/2019Registered 24/05/2019
Charge
outstanding

ALDERMORE BANK PLC

Created 21/05/2019Registered 24/05/2019

Insolvency History1 case

receiver manager

Christopher Walker (receiver manager) · Andrew David Foster (receiver manager)

CompanyRankvs 56199+ SIC 68209 peers
42

Financial strength93th percentile among SIC peers · 23/25
Employees57th percentile among SIC peers · 9/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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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.

Employees9/15 pts

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

Liquidity0/20 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.

Risk deductions

Outstanding charges: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£1.0M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£253k

Working capital

Current Assets

Current Liabilities

£1.2M

Fixed Assets

£2.8M

Debtors

£971k

1avg. employees

Tax at Year End

Corp tax£79k

Balance Sheet

Assets less current liabilities£2.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2025-£607k
2024-£844k
20236.37

Derived from filed accounts. Not audited figures.