# N16 BUILDERS LTD (15578040)

> N16 BUILDERS LTD is an active (proposal to strike off) private limited company (company number 15578040) incorporated on 19 March 2024, registered in London. Its registered activity is construction of domestic buildings (SIC 41202). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £655, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public.

- Status: Active - Proposal to Strike off
- Incorporated: 2024-03-19
- Registered office: London, N16 6RP
- SIC 41202: Construction of domestic buildings
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-04-02
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 5,020 comparable companies in London (median £1,956, upper quartile £20k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £655 | — | — | £800 | — | — | 1 |

current ratio 3.11; size band micro.

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

- Net assets above zero: Net assets £655 at 31 March 2025
- Current assets at least 1.5× creditors within one year: Current ratio 3.11
- Incorporated two to five years ago: Incorporated 19 March 2024
- Register status is not Active: Active - Proposal to Strike off

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

## Persons with significant control

- Mr Paramjit Singh — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2024-03-19

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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/15578040
HTML: https://firmoscan.com/company/15578040-n16-builders-ltd