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Newspring Supported Living Limited

13398100

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 14/05/2021

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 19/02/2025

Due 05/03/2026

Overdue

Industry

78200
Temporary employment agency activities
87200
Residential care activities for mental health, substance abuse and intellectual disabilities
87300
Residential care activities for the elderly and disabled
87900
Other residential care activities

Officers

Mrs Rungamirai Magada

director · Since 14/05/2021

NURSE

BRITISH · ENGLAND · Age 56

Also on 1 other board

Ms Sibusisiwe Msipa

director · Since 14/05/2021

SOCIAL WORKER

ZIMBABWEAN · ENGLAND · Age 51

Also on 4 other boards

Mr Godfrey Tinashe Mushandu

director · Since 16/04/2024

CONSULTANT

ZIMBABWEAN · UNITED KINGDOM · Age 57

Also on 3 other boards

Persons with Significant Control

Mrs Rungamirai Magada

25–50% shares
25–50% votes

British · England · Age 56

72, Crabtree Road, Oldham, OL1 4DY

Notified 01/07/2021

Mr Nyasha Hwenga

25–50% shares
25–50% votes

Zimbabwean · England · Age 27

72, Crabtree Road, Oldham, OL1 4DY

Notified 02/08/2022

Former PSCs

Mr Nyasha Hwenga

Ceased 01/07/2021

Mr Elias Hwenga

Ceased 03/06/2021

CompanyRankvs 12977+ SIC 78200 peers
31

Financial strength10th percentile among SIC peers · 3/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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12977Newspring Supported Living Limited
31
How is this score calculated?
Financial strength3/25 pts

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

Employees6/15 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.

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 31/05/2025

Net Worth

-£9k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£59

Working capital

Current Assets

£59

Current Liabilities

£9k

1avg. employees

Balance Sheet

Assets less current liabilities£59
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20250.01

Derived from filed accounts. Not audited figures.