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Newmarket Paint Company Limited

04248690

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 5 STUDLANDS BUSINESS CENTRE, SUFFOLK, CB8 7EA
Incorporated 09/07/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20301
Manufacture of paints, varnishes and similar coatings, mastics and sealants
47520
Retail sale of hardware, paints and glass in specialised stores

Officers

Mr James Anthony Palmer

secretary · Since 09/07/2001

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 3 other boards

Mr James Anthony Palmer

director · Since 09/07/2001

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 3 other boards

Mr John Stanley Palmer

director · Since 09/07/2001

DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 6 other boards

Persons with Significant Control

Mr James Anthony Palmer

25–50% shares
25–50% votes

British · England · Age 42

Unit 5 Studlands Business Centre, Suffolk, CB8 7EA

Notified 09/07/2016

Mr John Stanley Palmer

25–50% shares
25–50% votes

British · England · Age 75

Unit 5 Studlands Business Centre, Suffolk, CB8 7EA

Notified 09/07/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 19/07/2014Registered 30/07/2014

CompanyRankvs 216+ SIC 20301 peers
47

Financial strength44th percentile among SIC peers · 11/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength11/25 pts

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

Employees10/15 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 31/07/2024

Net Worth

£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£73k

Current Liabilities

£80k

Fixed Assets

£14k

4avg. employees

Balance Sheet

Assets less current liabilities£7k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.91-£719
20230.91+£2k
20220.98+£2k
20211.02+£474
20200.92-£3k
20191.10+£2k
20181.41

Derived from filed accounts. Not audited figures.