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Goodnews Property Development Ltd

12013160

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

50 SOUTHAMPTON WAY, LONDON, SE5 7TT
Incorporated 23/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68310
Real estate agencies

Officers

Miss Faith Ajagbe

secretary · Since 23/05/2019

Mr John Ajagbe

director · Since 23/05/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 30

Also on 1 other board

Persons with Significant Control

Miss Faith Ajagbe

50–75% shares

British · England · Age 31

50, Southampton Way, London, SE5 7TT

Notified 23/05/2019

Mr John Ajagbe

50–75% shares

British · England · Age 30

50, Southampton Way, London, SE5 7TT

Notified 23/05/2019

Charges0 outstanding

Charge
satisfied

ANDONAKIS GEORGE AKRIDAS

Created 18/01/2021Registered 19/01/2021Satisfied 11/07/2022

CompanyRankvs 24290+ SIC 68310 peers
28

Financial strength14th percentile among SIC peers · 4/25
Employees16th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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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.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

-£8k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£34k

Working capital

Current Assets

Current Liabilities

£360

Debtors

£34k

0avg. employees

Director Loans(2021)

Company owes directors£327k

Balance Sheet

Bank loans & overdrafts£42k
Assets less current liabilities£34k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£0
2025-£1k
202498.86-£2k
202394.18-£30k
20220.00+£47k
20210.01

Derived from filed accounts. Not audited figures.