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Northgate Residential Ltd

13679154

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

92 YORK ROAD, YORK, YO43 3EF
Incorporated 14/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87900
Other residential care activities

Officers

Mr Akilan Kandasamy

director · Since 14/10/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 5 other boards

Mr Atchuthan Nathan

director · Since 14/10/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 4 other boards

Mr Muhunthan Thangeswaran

director · Since 14/10/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 4 other boards

Persons with Significant Control

Mr Atchuthan Nathan

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

British · England · Age 49

21, Winchfield Close, Harrow, HA3 0DT

Notified 14/10/2021

Mr Akilan Kandasamy

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

British · England · Age 49

23, Bulmer Gardens, Harrow, HA3 0PA

Notified 14/10/2021

Mr Muhunthan Thangeswaran

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

British · England · Age 57

33, Shrewsbury Avenue, Harrow, HA3 9LX

Notified 14/10/2021

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 16/09/2024Registered 24/09/2024
Charge
outstanding

LLOYDS BANK PLC

Created 30/05/2022Registered 01/06/2022
Charge
outstanding

LLOYDS BANK PLC

Created 30/05/2022Registered 01/06/2022

CompanyRankvs 992+ SIC 87900 peers
67

Financial strength93th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.61× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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992Northgate Residential Ltd
76
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.

Employees14/15 pts

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

Liquidity20/20 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 31/10/2024

Net Worth

£455k

Balance sheet strength

Cash

£175k

Cash in the bank

Net Current Assets

£180k

Working capital

Current Assets

£292k

Current Liabilities

£112k

Fixed Assets

£1.6M

Debtors

£12k

35avg. employees

Tax at Year End

Corp tax£86k

Director Loans

Company owes directors£759

Balance Sheet

Intangible assets£375k
Assets less current liabilities£1.8M
Signed by Mr ATCHUTHAN NATHAN 11/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.61+£235k
20233.80+£150k
20226.26—

Derived from filed accounts. Not audited figures.