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N1 Property Development Ltd.

13077369

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNION HOUSE, COVENTRY, CV1 2NT
Incorporated 11/12/2020

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 10/12/2025

Due 24/12/2026

On track

Industry

68100
Buying and selling of own real estate
68201
Renting and operating of Housing Association real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Douglas Stuart Nisbet

director · Since 11/12/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Mrs Jennifer Alayna Nisbet

director · Since 11/12/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Persons with Significant Control

Mrs Jennifer Alayna Nisbet

25–50% shares
25–50% votes

British · United Kingdom · Age 36

Union House, 111 New Union Street, Coventry, CV1 2NT

Notified 11/12/2020

Mr Douglas Stuart Nisbet

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 46

Union House, 111 New Union Street, Coventry, CV1 2NT

Notified 11/12/2020

Charges1 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 09/07/2021Registered 26/07/2021

CompanyRankvs 103043+ SIC 68100 peers
30

Financial strength57th percentile among SIC peers · 14/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength14/25 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 31/12/2024

Net Worth

£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£25k

Working capital

Current Assets

£5k

Current Liabilities

£31k

Fixed Assets

£86k

0avg. employees

Balance Sheet

Assets less current liabilities£61k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20240.17
20230.10
20220.10
20210.04

Derived from filed accounts. Not audited figures.