New Place Property Company Limited
12176526
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/08/2019
BUSINESSMAN
BAHRAINI · BAHRAIN · Age 52
Also on 3 other boards
director · Since 27/08/2019
CONSULTANT
BRITISH · BAHRAIN · Age 67
Also on 2 other boards
Persons with Significant Control
Faisal Khalid Mohamed Kanoo
Bahraini · Bahrain · Age 52
C/O Yba Kanoo Holdings, Y.B.A. Kanoo, Manama
Notified 27/08/2019
Mr Nabeel Khaled Mohmmed Kanoo
Bahraini · Bahrain · Age 57
C/O Yba Kanoo Holdings, Y.B.A. Kanoo, Manama
Notified 02/01/2026
Former PSCs
Khalid Mohamed Jassim Kanoo
Ceased 02/02/2026
Charges4 outstanding
AHLI UNITED BANK B.S.C. (C). ACTING THROUGH ITS AL HILAL ISLAMIC BANKING SERVICES DIVISION
AHLI UNITED BANK B.S.C. (C). ACTING THROUGH ITS AL HILAL ISLAMIC BANKING SERVICES DIVISION
ALHI UNITED BANK B.S.C
AHLI UNITED BANK B.S.C.
CompanyRankvs 107031+ SIC 68100 peers19
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent company's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce
Key FinancialsYear ending 31/03/2025
Turnover
£4.0M
Annual revenue
Net Worth
-£7.8M
Balance sheet strength
Cash
£169k
Cash in the bank
Profit Before Tax
-£247k
Bottom line earnings
Net Current Assets
-£15.1M
Working capital
Current Assets
£1.9M
Current Liabilities
£17.0M
Fixed Assets
£9.6M
Debtors
£1.7M
Cost of Sales
£2.4M
Gross Profit
£1.7M
Admin Expenses
£1.8M
Operating Profit
-£104k
Profit After Tax
-£247k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.11 | +£0 |
| 2025 | 0.11 | -£247k |
| 2024 | 0.13 | -£152k |
| 2023 | 0.17 | +£173k |
| 2022 | 0.19 | -£7.4M |
| 2021 | 0.33 | — |
Derived from filed accounts. Not audited figures.