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New Vision Developments Ltd

04181651

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

737 DUNSTABLE ROAD, LUTON, LU4 0HL
Incorporated 16/03/2001

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 16/03/2026

Due 30/03/2027

On track

Industry

41202
Construction of domestic buildings
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Brendan Edward Thomas Mccullagh

secretary · Since 22/03/2001

CARPENTER

BRITISH · ENGLAND · Age 58

Also on 5 other boards

Brendan Edward Thomas Mccullagh

director · Since 22/03/2001

CARPENTER

BRITISH · ENGLAND · Age 58

Mr Abbas Ali Shah

director · Since 22/03/2001

LETTING AGENT

BRITISH · ENGLAND · Age 53

Also on 8 other boards

Persons with Significant Control

Mr Abbas Ali Shah

25–50% shares
25–50% votes

British · England · Age 53

737, Dunstable Road, Luton, LU4 0HL

Notified 30/06/2016

Mr Brendan Edward Thomas Mccullagh

25–50% shares
25–50% votes

British · England · Age 58

737, Dunstable Road, Luton, LU4 0HL

Notified 30/06/2016

Charges5 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 24/09/2024Registered 24/09/2024
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 06/09/2024Registered 12/09/2024
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 14/08/2006Registered 15/08/2006
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 31/05/2005Registered 08/06/2005Satisfied 11/06/2024
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 01/09/2004Registered 17/09/2004
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 30/04/2004Registered 11/05/2004
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 05/09/2003Registered 11/09/2003Satisfied 11/06/2024
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 01/07/2003Registered 04/07/2003Satisfied 11/06/2024
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 20/05/2003Registered 10/06/2003Satisfied 11/06/2024
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 19/11/2002Registered 22/11/2002Satisfied 11/06/2024
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 04/09/2002Registered 11/09/2002Satisfied 11/08/2006

CompanyRankvs 20008+ SIC 41202 peers
53

Financial strength98th percentile among SIC peers · 25/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.66× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees2/15 pts

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

Liquidity6/20 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

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

£1.1M

Balance sheet strength

Cash

£110k

Cash in the bank

Net Current Assets

-£117k

Working capital

Current Assets

£229k

Current Liabilities

£346k

Fixed Assets

£2.0M

Debtors

£7k

0avg. employees

Balance Sheet

Bank loans & overdrafts£776k
Assets less current liabilities£1.9M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.66+£0
20250.66+£47k
20240.09+£60k
20230.08+£406k
20221.81+£58k
20211.70+£57k
20201.60+£36k
20193.27+£37k
20183.31

Derived from filed accounts. Not audited figures.