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New Life Foundation Uk

12147289

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

28 BEAUMONT COURT, LONDON, NW9 5FR
Incorporated 09/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

88990
Other social work activities without accommodation

Officers

Mrs Punithavathy Nadaneswaran

director · Since 09/08/2019

ADMINISTRATIVE OFFICER

BRITISH · UNITED KINGDOM · Age 57

Mr Kajan Ponnuthurai

director · Since 09/08/2019

IT MANAGER

BRITISH · ENGLAND · Age 39

Mr Tharmalingam Prabaharan

director · Since 09/08/2019

POSTMASTER

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Persons with Significant Control

Mrs Punithavathy Nadaneswaran

25–50% votes

British · United Kingdom · Age 57

28 Beaumont Court, Cherry Close, London, NW9 5FR

Notified 09/08/2019

Former PSCs

Mrs Prabalini Vageswaran

Ceased 02/05/2021

Mr Subramaniam Mahesan

Ceased 25/04/2024

CompanyRankvs 11642+ SIC 88990 peers
28

Financial strength15th percentile among SIC peers · 4/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.25× · 2/20
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.

Employees0/15 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.

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 31/08/2024

Net Worth

-£577

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£998

Working capital

Current Assets

£394

Current Liabilities

£2k

Balance Sheet

Assets less current liabilities£998
Signed by Mr Tharmalingam Prabaharan 31/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.25
20230.10
20211.00
20201.00

Derived from filed accounts. Not audited figures.