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My New Space Ltd

09878907

active
Private Limited Company
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

5 JARDINE HOUSE HARROVIAN BUSINESS VILLAGE, HARROW, HA1 3EX
Incorporated 18/11/2015

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 18/11/2025

Due 02/12/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Nishit Kumar Patel

director · Since 18/11/2015

DENTIST

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Mrs Sheetal Patel

director · Since 18/11/2015

ARCHITECT

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Mr Nishit Kumar Patel

75–100% shares
75–100% votes

British · United Kingdom · Age 57

Station House, North Street, Havant, PO9 1QU

Notified 06/04/2016

Mrs Sheetal Patel

75–100% shares
75–100% votes

British · England · Age 58

Station House, North Street, Havant, PO9 1QU

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

PARAGON BANK PLC

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

ONESAVINGS BANK PLC

Created 12/02/2020Registered 12/02/2020
Charge
outstanding

ONESAVINGS BANK PLC

Created 29/11/2016Registered 06/12/2016
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 18/03/2016Registered 21/03/2016

CompanyRankvs 159347+ SIC 68209 peers
24

Financial strength50th percentile among SIC peers · 13/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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159347My New Space Ltd
43
How is this score calculated?
Financial strength13/25 pts

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

Employees3/15 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.

Longevity11/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Going concern The financial statements have been prepared on the going concern basis. The directors have considered the company's ability to continue as a going concern for a period of at least twelve month

Key FinancialsYear ending 30/11/2025

Net Worth

£2k

Balance sheet strength

Cash

£414

Cash in the bank

Net Current Assets

-£265k

Working capital

Current Assets

£5k

Current Liabilities

£269k

Fixed Assets

£1.0M

Debtors

£4k

0avg. employees

Balance Sheet

Bank loans & overdrafts£729k
Assets less current liabilities£756k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02+£4k
20240.03+£18k
20230.02—

Derived from filed accounts. Not audited figures.