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Northbridge Retail Limited

13599296

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • 7 outstanding charges (-10)

Details

88-89 88-89 WEST ROAD, NEWCASTLE UPON TYNE, NE15 6PR
Incorporated 02/09/2021

Compliance

Last accounts

30/09/2024

unaudited abridged

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 01/09/2025

Due 15/09/2026

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Naeem Ahmad

director · Since 02/09/2021

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

Persons with Significant Control

Mr Naeem Ahmad

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 52

88-89, 88-89 West Road, Newcastle Upon Tyne, NE15 6PR

Notified 02/09/2021

Charges7 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 30/05/2022Registered 08/06/2022
Charge
outstanding

HSBC UK BANK PLC

Created 30/05/2022Registered 08/06/2022
Charge
outstanding

HSBC UK BANK PLC

Created 30/05/2022Registered 08/06/2022
Charge
outstanding

HSBC UK BANK PLC

Created 30/05/2022Registered 08/06/2022
Charge
outstanding

HSBC UK BANK PLC

Created 30/05/2022Registered 08/06/2022
Charge
outstanding

HSBC UK BANK PLC

Created 30/05/2022Registered 08/06/2022
Charge
outstanding

HSBC UK BANK PLC

Created 20/04/2022Registered 26/04/2022

CompanyRankvs 7546+ SIC 47110 peers
49

Financial strength89th percentile among SIC peers · 22/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.18× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees15/15 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.

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

£99k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£287k

Current Liabilities

£1.6M

Fixed Assets

£2.0M

Debtors

£35k

56avg. employees-28

Balance Sheet

Intangible assets£1.9M
Assets less current liabilities£713k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.18-£27k
20230.33+£67k
20220.44

Derived from filed accounts. Not audited figures.