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N. & R.Needham Company Limited

01048374

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

BRIDGE STREET, DERBYSHIRE, S45 9NU
Incorporated 05/04/1972

Compliance

Last accounts

30/09/2024

unaudited abridged

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 26/02/2026

Due 12/03/2027

On track

Industry

71129
Other engineering activities

Officers

Mrs Jeanette Needham

secretary · Since 18/04/1991

BRITISH · UNITED KINGDOM · Age 82

Also on 3 other boards

Mrs Jeanette Needham

director · Since 18/04/1991

BOOK-KEEPER/SECRETARY

BRITISH · UNITED KINGDOM · Age 82

Also on 3 other boards

Mr Joseph William Needham

director · Since 01/10/1998

ENGINEER

BRITISH · UNITED KINGDOM · Age 49

Also on 3 other boards

Persons with Significant Control

Needham Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

Unit 24, Bridge Street, Chesterfield, S45 9NU

Reg: 15105474 · England And Wales · Limited Company

Notified 30/10/2023

Former PSCs

Mr Joseph William Needham

Ceased 30/10/2023

Charges0 outstanding

charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 19/07/2007Registered 08/08/2007Satisfied 25/07/2009
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 19/07/2007Registered 30/07/2007Satisfied 25/07/2009
charge
satisfied

WILLIAMS & GLYN'S BANK LIMITED

Created 12/05/1977Registered 19/05/1977Satisfied 25/07/2009

CompanyRankvs 16+ SIC 71129 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 7.28× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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.

Longevity15/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The financial statements have been prepared on the going concern basis. No material uncertainties that may cast significant doubt about the ability of the company to to continue as a going concern have been identified by the directors. Turnover Turnov

Key FinancialsYear ending 30/09/2024

Net Worth

£2.3M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£1.6M

Current Liabilities

£218k

Fixed Assets

£1.2M

Debtors

£349k

16avg. employees+3

Balance Sheet

Assets less current liabilities£2.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20247.28+£134k
20238.59+£59k
20225.44+£90k
20217.34+£85k
20207.62+£165k
20194.42+£60k
20185.44

Derived from filed accounts. Not audited figures.