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Newbuild Decorating Contractors Limited

04743115

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

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

Details

CHARTER HOUSE, LEIGH ON SEA, SS9 1JL
Incorporated 24/04/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting
43342
Glazing

Officers

Mrs Julie Glover

secretary · Since 24/04/2003

BRITISH

Also on 1 other board

Mr William Michael Glover

director · Since 24/04/2003

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 2 other boards

Persons with Significant Control

Mr William Michael Glover

25–50% shares
25–50% votes
Appoint directors

British · England · Age 66

Charter House, Leigh On Sea, SS9 1JL

Notified 06/04/2016

Mrs Julie Mary Glover

25–50% shares
25–50% votes
Appoint directors

British · England · Age 64

Charter House, Leigh On Sea, SS9 1JL

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/06/2003Registered 01/07/2003

CompanyRankvs 2059+ SIC 43341 peers
58

Financial strength97th percentile among SIC peers · 24/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.09× · 2/20
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 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.

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 30/04/2025

Net Worth

£438k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£223k

Working capital

Current Assets

£21k

Current Liabilities

£245k

Fixed Assets

£709k

Debtors

£15k

3avg. employees

Tax at Year End

Corp tax£4k

Director Loans

Company owes directors£227k

Balance Sheet

Assets less current liabilities£485k
Signed by Mr William Glover 22/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09+£150k
20242.04+£6k
20232.63-£17k
20227.52+£46k
20214.08-£25k
202010.47+£6k
20196.54

Derived from filed accounts. Not audited figures.