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Vanguard New Homes Ltd

14809696

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

PRIORY LANE, CHELTENHAM, GL52 6HH
Incorporated 17/04/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Luke Andrew Parsons

director · Since 17/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Mr Zak Anthony Resinato

director · Since 17/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 12 other boards

Persons with Significant Control

Luke Andrew Parsons

25–50% shares
25–50% votes

British · England · Age 38

Priory Lane, London Road, Cheltenham, GL52 6HH

Notified 17/04/2023

Prema1 Group Ltd

25–50% shares
25–50% votes

1, Market Hill, Calne, SN11 0BT

Reg: 14808029 · Uk Register Of Companies · Private Company Limited By Shares

Notified 17/04/2023

Charges0 outstanding

Charge
satisfied

RAMANJEET KAUR GARCHA

Created 12/01/2024Registered 17/01/2024Satisfied 05/03/2026
Charge
satisfied

ALTERNATIVE BRIDGING CORPORATION LIMITED

Created 12/01/2024Registered 12/01/2024Satisfied 27/02/2026
Charge
satisfied

ALTERNATIVE BRIDGING CORPORATION LIMITED

Created 12/01/2024Registered 12/01/2024Satisfied 27/02/2026

CompanyRankvs 47670+ SIC 41100 peers
44

Financial strength16th percentile among SIC peers · 4/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 124.06× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees2/15 pts

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

Liquidity20/20 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.

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

-£6k

Balance sheet strength

Cash

£34k

Cash in the bank

Net Current Assets

Working capital

Current Assets

£796k

Current Liabilities

£6k

Debtors

£9k

0avg. employees

Balance Sheet

Bank loans & overdrafts£320k
Assets less current liabilities£789k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
2024124.06

Derived from filed accounts. Not audited figures.