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New City Design Ltd

09153281

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

17 SALTWOOD AVENUE, MILTON KEYNES, MK4 4ED
Incorporated 30/07/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Rajesh Pravin Patel

director · Since 30/07/2014

IT CONSULTANT

BRITISH · UNITED KINGDOM · Age 47

Also on 2 other boards

Mrs Falguni Kantilal Patel

director · Since 01/10/2020

MERCHANDISER

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Rajesh Pravin Patel

25–50% shares
25–50% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 47

17 Saltwood Avenue, Kingsmead, Milton Keynes, MK4 4ED

Notified 06/04/2016

Mrs Falguni Kantilal Patel

25–50% shares
25–50% votes

British · England · Age 45

17 Saltwood Avenue, Kingsmead, Milton Keynes, MK4 4ED

Notified 01/10/2020

Charges1 outstanding

Charge
outstanding

PARATUS AMC LIMITED TRADING AS FOUNDATION HOME LOANS

Created 23/03/2021Registered 03/04/2021

CompanyRankvs 43193+ SIC 68100 peers
46

Financial strength70th percentile among SIC peers · 18/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 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.

Longevity12/15 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 31/07/2025

Net Worth

£17k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£51k

Working capital

Current Assets

£14k

Current Liabilities

£65k

Fixed Assets

£245k

1avg. employees

Tax at Year End(2022)

Corp tax£786

Balance Sheet

Assets less current liabilities£194k
Prepared with BTCSoftware AP Solution 2025 12.2.02

EstimatesDerived

YearCurrent RatioImplied Profit
20250.21+£0
20250.21+£5k
20240.13+£5k
20230.14+£4k
20220.11
20210.05

Derived from filed accounts. Not audited figures.