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New Concept Homes Ltd

13395883

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

35 WHADDON WAY, MILTON KEYNES, MK3 7DT
Incorporated 14/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
41202
Construction of domestic buildings
43390
Other building completion and finishing

Officers

Mrs Hitaishi Mittal

director · Since 14/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 4 other boards

Mr Tejinder Mittal

director · Since 14/05/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 3 other boards

Persons with Significant Control

Mrs Hitaishi Mittal

25–50% shares
25–50% votes

British · England · Age 55

35, Whaddon Way, Milton Keynes, MK3 7DT

Notified 14/05/2021

Mr Tejinder Mittal

25–50% shares
25–50% votes

British · United Kingdom · Age 57

35, Whaddon Way, Milton Keynes, MK3 7DT

Notified 14/05/2021

CompanyRankvs 61290+ SIC 41100 peers
40

Financial strength14th percentile among SIC peers · 4/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.74× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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61290New Concept Homes Ltd
36
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.

Employees10/15 pts

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

Liquidity6/20 pts

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

Longevity5/15 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 31/05/2024

Net Worth

-£12k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£34k

Current Liabilities

£46k

Debtors

£17k

2avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.74-£3k
20230.72-£12k
20221.63—

Derived from filed accounts. Not audited figures.