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Green Arcade Ltd

13687284

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

16 GRANVILLE ROAD, NEWCASTLE UPON TYNE, NE2 1TP
Incorporated 19/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Saqib Ghafoor

director · Since 19/10/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Mr Sohaib Ahtsham Ghafoor

director · Since 01/08/2025

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 24

Also on 4 other boards

Persons with Significant Control

Mr Saqib Ghafoor

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

British · United Kingdom · Age 48

Brackenrigg, Old Crow Hall Lane, Cramlington, NE23 1BN

Notified 19/10/2021

Mr Sohaib Ahtsham Ghafoor

Significant control

British · United Kingdom · Age 24

16, Granville Road, Newcastle Upon Tyne, NE2 1TP

Notified 21/07/2025

Charges2 outstanding

Charge
outstanding

VIDA BANK LIMITED TRADING AS VIDA HOMELOANS

Created 30/03/2026Registered 31/03/2026
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 30/06/2025Registered 02/07/2025Satisfied 13/04/2026
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 01/11/2024Registered 04/11/2024

CompanyRankvs 122509+ SIC 68100 peers
26

Financial strength20th percentile among SIC peers · 5/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.04× · 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 strength5/25 pts

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

Employees9/15 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 29/10/2024

Net Worth

-£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£601k

Working capital

Current Assets

£25k

Current Liabilities

£626k

Fixed Assets

£597k

1avg. employees

Balance Sheet

Assets less current liabilities-£4k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04-£8k
20230.02+£9k
20220.06

Derived from filed accounts. Not audited figures.