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Nearby Estates Ltd

12874378

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

7 CONHOPE LANE, NEWCASTLE UPON TYNE, NE4 8XL
Incorporated 11/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mrs Samera Iqbal Malik

director · Since 11/09/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Mr Raees Iqbal Malik

director · Since 20/11/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 22

Also on 5 other boards

Persons with Significant Control

Mrs Samera Iqbal Malik

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 42

7, Conhope Lane, Newcastle Upon Tyne, NE4 8XL

Notified 11/09/2020

Mr Raees Iqbal Malik

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 22

7, Conhope Lane, Newcastle Upon Tyne, NE4 8XL

Notified 20/11/2021

Former PSCs

Mr Mohammed Iqbal Malik

Ceased 20/11/2021

Charges2 outstanding

Charge
outstanding

INTERBAY FUNDING LIMITED

Created 11/10/2024Registered 14/10/2024
Charge
outstanding

ALLICA BANK LIMITED

Created 04/08/2021Registered 18/08/2021

CompanyRankvs 126632+ SIC 68209 peers
39

Financial strength93th percentile among SIC peers · 23/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.37× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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126632Nearby Estates Ltd
48
How is this score calculated?
Financial strength23/25 pts

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

Employees3/15 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.

Longevity6/15 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

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

Key FinancialsYear ending 30/09/2024

Net Worth

£1.1M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£77k

Working capital

Current Assets

£152k

Current Liabilities

£411k

Fixed Assets

£1.4M

0avg. employees

Balance Sheet

Assets less current liabilities£1.5M
Prepared with Sage Accounts Production 24.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.37+£46k
20230.22+£37k
20220.14+£49k
20211.24—

Derived from filed accounts. Not audited figures.