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Newness Properties Ltd

15436266

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

5 KINGSTON HILL AVENUE, ROMFORD, RM6 5QA
Incorporated 23/01/2024

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
68320
Management of real estate on a fee or contract basis

Officers

Mr Olaniyi Rabiu

director · Since 23/01/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 3 other boards

Mrs Oluwaseyi Oludayo Rabiu

director · Since 23/01/2024

DIRECTOR AND COMPANY SECRETARY

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr Olaniyi Rabiu

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

British · England · Age 60

5, Kingston Hill Avenue, Romford, RM6 5QA

Notified 23/01/2024

Mrs Oluwaseyi Oludayo Rabiu

50–75% shares
50–75% votes
Appoint directors

British · England · Age 51

5, Kingston Hill Avenue, Romford, RM6 5QA

Notified 23/01/2024

Charges2 outstanding

Charge
outstanding

GODIVA MORTGAGES LIMITED

Created 16/09/2025Registered 17/09/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 28/06/2024Registered 10/07/2024

CompanyRankvs 179516+ SIC 68100 peers
15

Financial strength20th percentile among SIC peers · 5/25
Employees19th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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179516Newness Properties Ltd
25
How is this score calculated?
Financial strength5/25 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.

Liquidity0/20 pts

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

Longevity2/15 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 31/01/2025

Net Worth

-£5k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

—

Current Liabilities

£196k

0avg. employees

Balance Sheet

Assets less current liabilities£191k
Prepared with Taxfiler