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N.R Algul Ltd

10886142

active
ltd
england wales
Companies House
Insolvency history
Health Score
45 / 100

Notable Risks

25/30
Filing
10/30
Financial
10/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Active insolvency proceedings (-20)
  • 6 outstanding charges (-10)

Details

Flat 6, Fell House, Poynings Road, London, N19 5LG
Incorporated 27/07/2017

Compliance

Last accounts

31/07/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 17/03/2026

Due 31/03/2027

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Nihat Algul

director · Since 27/07/2017

British · England · Age 63

Former

Remziye Algul

director · Resigned 03/12/2018

Persons with Significant Control

Mr Nihat Algul

Significant control

British · England · Age 63

Flat 6, Fell House, Poynings Road, London, N19 5LG

Notified 27/07/2017

Charges6 outstanding

Charge
outstanding

TURKIYE IS BANKASI A.S.

Created 18/07/2024Registered 24/07/2024
Charge
outstanding

TURKIYE IS BANKASI A.S.

Created 18/07/2024Registered 19/07/2024
Charge
outstanding

DAMA ESTATE LTD

Created 13/07/2023Registered 20/07/2023
Charge
outstanding

DAMA ESTATE LTD

Created 13/07/2023Registered 17/07/2023
Charge
outstanding

FAIRBRIDGE CAPITAL LTD

Created 19/07/2021Registered 20/07/2021
Charge
outstanding

FAIRBRIDGE CAPITAL LTD

Created 19/07/2021Registered 20/07/2021
Charge
satisfied

ONE SAVINGS BANK PLC

Created 06/10/2017Registered 13/10/2017Satisfied 10/07/2023

Insolvency History2 cases

receiver manager

Peter Hayward (receiver manager) · Derek Peter Mason (receiver manager)

receiver manager

Daniel Mark Richardson (receiver manager) · Edward Gee (receiver manager)

Change History

officer appointedALGUL, Nihat
2026-06-04
statusactive
2026-06-04

Active

typeltd
2026-06-04

Private Limited Company

address line1Flat 6, Fell House
2026-06-04

FLAT 6, FELL HOUSE

post townLondon
2026-06-04

LONDON

CompanyRankvs 222547+ SIC 68209 peers
15

Financial strength1th percentile among SIC peers · 0/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.31× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 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.

Longevity9/15 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

Insolvency history: -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

-£267k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£171k

Working capital

Current Assets

£75k

Current Liabilities

£246k

Fixed Assets

£683k

1avg. employees

Balance Sheet

Assets less current liabilities£512k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.31-£73k
20230.01-£110k
20220.00-£43k
20210.00-£53k
20200.01+£839
20190.00+£2k
20180.01

Derived from filed accounts. Not audited figures.