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New Aspect Projects Limited

03579719

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

PAPERMILL COTTAGE, THIRSK, YO7 2PS
Incorporated 11/06/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Timothy Watson

director · Since 11/06/1998

LANDLORD

BRITISH · ENGLAND · Age 75

Also on 2 other boards

Mrs Alison Jane Watson

secretary · Since 12/04/2000

BRITISH · ENGLAND · Age 64

Also on 2 other boards

Persons with Significant Control

Mr Thomas Michael Watson

25–50% shares
25–50% votes

British · England · Age 38

Papermill Cottage, Sutton Under Whitestonecliffe, Thirsk, YO7 2PS

Notified 20/03/2026

Mr Benjamin James Watson

25–50% shares
25–50% votes

British · England · Age 35

Papermill Cottage, Sutton Under Whitestonecliffe, Thirsk, YO7 2PS

Notified 20/03/2026

Former PSCs

Mr Timothy Watson

Ceased 20/03/2026

Mrs Alison Jane Watson

Ceased 07/08/2018

Mrs Alison Jane Watson

Ceased 20/03/2026

Charges3 outstanding

charge
outstanding

HSBC BANK PLC

Created 30/12/2002Registered 09/01/2003
charge
outstanding

MIDLAND BANK PLC

Created 02/09/1998Registered 04/09/1998
charge
outstanding

MIDLAND BANK PLC

Created 29/06/1998Registered 30/06/1998

CompanyRankvs 35820+ SIC 68209 peers
62

Financial strength96th percentile among SIC peers · 24/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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35820New Aspect Projects Limited
68
How is this score calculated?
Financial strength24/25 pts

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

Employees12/15 pts

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

Liquidity6/20 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 30/09/2024

Net Worth

£1.8M

Balance sheet strength

Cash

£147k

Cash in the bank

Net Current Assets

-£42k

Working capital

Current Assets

£174k

Current Liabilities

£216k

Fixed Assets

£1.9M

Debtors

£27k

2avg. employees

Balance Sheet

Assets less current liabilities£1.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.80+£77k
20230.63—

Derived from filed accounts. Not audited figures.