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Ne Old Houses Ltd

14749109

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

AQUA HOUSE, SMETHWICK, B66 3DL
Incorporated 22/03/2023

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 21/03/2026

Due 04/04/2027

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Aman Singh Palak

director · Since 22/03/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 4 other boards

Mr Arjun Singh Palak

director · Since 22/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 30

Also on 1 other board

Persons with Significant Control

Mr Aman Singh Palak

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

British · United Kingdom · Age 34

Aqua House, Buttress Way, Smethwick, B66 3DL

Notified 22/03/2023

Mr Arjun Singh Palak

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

British · England · Age 30

Aqua House, Buttress Way, Smethwick, B66 3DL

Notified 22/03/2023

Charges1 outstanding

Charge
outstanding

FLEET MORTGAGES LIMITED

Created 19/07/2024Registered 19/07/2024

CompanyRankvs 295638+ SIC 68209 peers
15

Financial strength7th percentile among SIC peers · 2/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity3 years trading (max 15) · 3/15
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.

Longevity3/15 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 31/03/2025

Net Worth

-£38k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£97k

Working capital

Current Assets

£2k

Current Liabilities

£99k

Profit After Tax

-£15k

0avg. employees

Balance Sheet

Assets less current liabilities£28k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02-£15k
20240.01

Derived from filed accounts. Not audited figures.