Newfoil Machines Limited
01611761
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/06/1992
MECHANICAL ENGINEER
BRITISH · ENGLAND · Age 80
Also on 3 other boards
Persons with Significant Control
Newfoil Machines Holdings Limited (Co No: 10879193)
Moorhey Engineering Works, Moorhey Street, Oldham, OL4 1JE
Reg: 10879193 · Companies House Uk · Private Limited Company
Notified 14/08/2017
Former PSCs
Mr Derrick Evans
Ceased 14/08/2017
CompanyRankvs 15+ SIC 28990 peers50
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/08/2023
Net Worth
£1.7M
Balance sheet strength
Cash
£1.3M
Cash in the bank
Net Current Assets
£1.7M
Working capital
Current Assets
£1.7M
Current Liabilities
£29k
Fixed Assets
£60
Debtors
£409k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 57.85 |
Derived from filed accounts. Not audited figures.