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New Residential Ltd

14426047

active
Private Limited Company
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

Accounts

Up to date

Confirmation statement

Up to date

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 44

Also on 3 other boards

Persons with Significant Control

Mr Charanjit Singh Matharu

25–50% shares
25–50% votes

British · United Kingdom · Age 44

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 177810+ 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
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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.