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Ngen Ventures Ltd

14338978

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

THE PALMS HOTEL, HORNCHURCH, RM11 3UJ
Incorporated 06/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities
96090
Other personal service activities

Officers

Mr Jayabalan Gukanesan

secretary · Since 06/09/2022

Also on 4 other boards

Mr Jayabalan Gukanesan

director · Since 06/09/2022

BUSINESS

BRITISH · ENGLAND · Age 55

Also on 4 other boards

Mr Suresh Babu Konduru

director · Since 06/09/2022

BUSINESS

BRITISH · ENGLAND · Age 56

Also on 15 other boards

Mr Abdul Hadi Shahul Hameed

director · Since 06/09/2022

BUSINESS

BRITISH · ENGLAND · Age 48

Also on 9 other boards

Persons with Significant Control

Mr Suresh Babu Konduru

25–50% shares
25–50% votes

British · England · Age 56

255, Eastern Avenue, Ilford, IG4 5AT

Notified 06/09/2022

Mr Abdul Hadi Shahul Hameed

25–50% shares
25–50% votes

British · England · Age 48

Forge House, Tawney Lane, Romford, RM4 1EE

Notified 06/09/2022

Mr Jayabalan Gukanesan

25–50% shares
25–50% votes

British · England · Age 55

20, Wycombe Road, Ilford, IG2 6UT

Notified 06/09/2022

CompanyRankvs 20412+ SIC 43999 peers
57

Financial strength55th percentile among SIC peers · 14/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees12/15 pts

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

Liquidity12/20 pts

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

Longevity4/15 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 30/09/2024

Net Worth

£8k

Balance sheet strength

Cash

£327k

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£2.7M

Current Liabilities

£2.7M

Debtors

£2.4M

3avg. employees

Balance Sheet

Assets less current liabilities£8k
Signed by Mr Abdul Hadi SHAHUL HAMEED 30/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.00

Derived from filed accounts. Not audited figures.