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Newhey Construction Ltd

02682968

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

OSWALDTWISTLE MILLS BUSINESS CENTRE, ACCRINGTON, BB5 0EY
Incorporated 31/01/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Matthew Paul Croasdale

director · Since 01/01/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 2 other boards

Persons with Significant Control

Mr Matthew Paul Croasdale

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

British · United Kingdom · Age 43

Oswaldtwistle Mills Business Centre, Pickup Street, Accrington, BB5 0EY

Notified 01/01/2023

Former PSCs

Mr Gary Tattersall

Ceased 01/01/2023

Mr Paul Stephen Lomax

Ceased 01/01/2023

Mr Paul Michael Hacking

Ceased 04/04/2023

Mr James Houghton

Ceased 13/03/2026

Charges1 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 23/04/1993Registered 27/04/1993

CompanyRankvs 27596+ SIC 43999 peers
37

Financial strength4th percentile among SIC peers · 1/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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47
How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

-£31k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£54k

Working capital

Current Assets

£40k

Current Liabilities

£93k

Fixed Assets

£22k

8avg. employees+2

Balance Sheet

Assets less current liabilities-£31k
Signed by Mr M P Croasdale 13 March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.42-£45k
20240.75+£15k
20230.54—
20220.27—
20210.65+£12k
20200.50+£21k
20190.45—

Derived from filed accounts. Not audited figures.