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The Residence Coworking Newport Ltd

11513416

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
50 / 100

Notable Risks

0/30
Filing
10/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

20-22 Wenlock Road, London, N1 7GU
Incorporated 13/08/2018

Previously known as

The Residence Co-Working Ltd · until 16/10/2020
The Co-Work People Ltd · until 06/09/2018

Compliance

Last accounts

31/01/2023

micro entity

Next accounts due

31/10/2024

Overdue

Confirmation statement

Last: 12/08/2023

Due 26/08/2024

Overdue

Industry

82990
Other business support service activities

Officers

Karen Anne Tait

director · Since 13/08/2018

British · England · Age 57

Persons with Significant Control

Mrs Karen Anne Tait

75–100% shares

British · England · Age 57

20-22, Wenlock Road, London, N1 7GU

Notified 13/08/2018

Change History

statusactive
2026-06-09

Active - Proposal to Strike off

typeltd
2026-06-09

Private Limited Company

address line120-22 Wenlock Road
2026-06-09

20-22 WENLOCK ROAD

post townLondon
2026-06-09

LONDON

officer appointedTAIT, Karen Anne
2026-06-09

CompanyRankvs 168547+ SIC 82990 peers
15

Financial strength13th percentile among SIC peers · 3/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAccounts and CS overdue · 0/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 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.

Longevity8/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance0/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

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

Key FinancialsYear ending 31/01/2023

Net Worth

-£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£620

Current Liabilities

£1k

Fixed Assets

£5k

0avg. employees

Balance Sheet

Total assets£6k

EstimatesDerived

YearCurrent RatioImplied Profit
20230.48-£6k
20215.99

Derived from filed accounts. Not audited figures.