Back to search

New Residential Ltd

14426047

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

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

Details

LYNWOOD HOUSE, HARROW, HA1 2AW
Incorporated 18/10/2022

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 28/06/2026

Due 12/07/2027

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Charanjit Singh Matharu

director · Since 18/10/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 3 other boards

Persons with Significant Control

Mr Charanjit Singh Matharu

25–50% shares
25–50% votes

British · United Kingdom · Age 45

Lynwood House, 373-375 Station Road, Harrow, HA1 2AW

Notified 18/10/2022

Former PSCs

Mr Syed Abdul Khaliq Shah

Ceased 14/06/2024

Mr. Syed Abdul Khaliq Shah

Ceased 12/07/2024

Charges2 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 05/11/2025Registered 12/11/2025
Charge
outstanding

PARAGON BANK PLC

Created 12/07/2024Registered 15/07/2024
Charge
satisfied

GFS 1 LTD

Created 13/10/2023Registered 23/10/2023Satisfied 06/10/2025
Charge
satisfied

GFS 1 LTD

Created 13/10/2023Registered 20/10/2023Satisfied 06/10/2025
Charge
satisfied

GFS 1 LTD

Created 13/10/2023Registered 16/10/2023Satisfied 06/10/2025
Charge
satisfied

GFS 1 LTD

Created 02/11/2022Registered 04/11/2022Satisfied 06/10/2025
Charge
satisfied

GFS 1 LTD

Created 02/11/2022Registered 04/11/2022Satisfied 06/10/2025

CompanyRankvs 181979+ SIC 68100 peers
16

Financial strength6th percentile among SIC peers · 2/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength2/25 pts

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

Employees3/15 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.

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.

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

-£59k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£154k

Working capital

Current Assets

£8k

Current Liabilities

£162k

Fixed Assets

£941k

0avg. employees

Balance Sheet

Assets less current liabilities£787k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.05-£48k
20230.08

Derived from filed accounts. Not audited figures.