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Newmax Property Ltd

07314447

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

C/O WHITESIDE & DAVIES, SALFORD, M6 6DE
Incorporated 14/07/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Joseph Gluck

secretary · Since 23/08/2010

Also on 24 other boards

Mr Joseph Gluck

director · Since 23/08/2010

MANAGER

BRITISH · ENGLAND · Age 59

Also on 24 other boards

Persons with Significant Control

Mr Joseph Gluck

75–100% shares
75–100% votes

British · United Kingdom · Age 59

C/O Whiteside & Davies, 158 Cromwell Road, Salford, M6 6DE

Notified 14/07/2016

Charges2 outstanding

Charge
outstanding

LANDBAY PARTNERS LIMITED

Created 05/10/2021Registered 06/10/2021
Charge
outstanding

FLEET MORTGAGES LIMITED

Created 29/02/2016Registered 02/03/2016
charge
satisfied

THE MORTGAGE WORKS (UK) PLC

Created 30/11/2010Registered 04/12/2010Satisfied 11/03/2016

CompanyRankvs 141703+ SIC 68209 peers
35

Financial strength15th percentile among SIC peers · 4/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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141703Newmax Property Ltd
45
How is this score calculated?
Financial strength4/25 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.

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 31/07/2024

Net Worth

-£8k

Balance sheet strength

Cash

£298k

Cash in the bank

Net Current Assets

-£376k

Working capital

Current Assets

£349k

Current Liabilities

£725k

Fixed Assets

£907k

Debtors

£51k

1avg. employees

Balance Sheet

Bank loans & overdrafts£539k
Assets less current liabilities£531k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.48-£2k
20230.12+£12k
20220.09-£17k
20210.24-£5k
20200.32-£917
20190.22—
20180.54—

Derived from filed accounts. Not audited figures.