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Nw Residential Limited

05442107

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

1 JESMOND BUSINESS COURT, NEWCASTLE UPON TYNE, NE2 1LA
Incorporated 03/05/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Nicholas Mark Watson

director · Since 03/05/2005

ARCHITECT

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Mrs Lindsay Jayne Ruth Watson

secretary · Since 01/07/2015

Persons with Significant Control

Mr Nicholas Mark Watson

75–100% shares

British · England · Age 49

1, Jesmond Business Court, Newcastle Upon Tyne, NE2 1LA

Notified 03/05/2016

Charges3 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 08/02/2024Registered 09/02/2024
charge
outstanding

MORTGAGE EXPRESS

Created 27/02/2007Registered 01/03/2007
charge
outstanding

MORTGAGE EXPRESS

Created 10/08/2005Registered 12/08/2005

CompanyRankvs 21147+ SIC 68100 peers
55

Financial strength82th percentile among SIC peers · 21/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.03× · 2/20
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 strength21/25 pts

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

Employees12/15 pts

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

Liquidity2/20 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 31/01/2025

Net Worth

£75k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£319k

Working capital

Current Assets

£10k

Current Liabilities

£329k

Fixed Assets

£913k

2avg. employees+2

Tax at Year End(2019)

Corp tax£4k

Balance Sheet

Assets less current liabilities£594k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03+£7k
20244.56+£10k
20234.75-£18k
20221.85+£13k
202112.97+£6k
2020-£6k
20191.72

Derived from filed accounts. Not audited figures.