# NEW DIRECTION PROPERTY LTD (15157350)

> NEW DIRECTION PROPERTY LTD is an active private limited company (company number 15157350) incorporated on 22 September 2023, registered in Grantham. Its registered activity is development of building projects (SIC 41100). Latest micro accounts cover the period ending 30 September 2025, showing net assets of £3,899, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 171% on the prior period (£1,439).

- Status: Active
- Incorporated: 2023-09-22
- Registered office: Grantham, NG33 5DL
- SIC 41100: Development of building projects
- SIC 68100: Buying and selling of own real estate
- Next accounts due: 2027-06-30
- Confirmation statement due: 2027-10-06
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 1,181 comparable companies in Nottingham (median £300, upper quartile £58k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | £3,899 | — | — | £2,432 | — | — | 0 |
| 2024-09-30 | £1,439 | — | — | £1,172 | — | — | 0 |

current ratio 25.69; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £3,899 at 30 September 2025
- Net assets up 10% or more on the prior period: +171.0% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 25.69
- Incorporated two to five years ago: Incorporated 22 September 2023

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Andrew Paul Condren — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-09-22

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/15157350
HTML: https://firmoscan.com/company/15157350-new-direction-property-ltd