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Auctions North West Ltd

05653708

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

BIRCH MILL BUSINESS CEBTRE, HEYWOOD, OL10 2QQ
Incorporated 14/12/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate

Officers

David Neumann

secretary · Since 14/12/2005

COMPANY DIRECTOR

BRITISH · Age 44

Also on 1 other board

Mr. Eli Neumann

director · Since 14/12/2005

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

CompanyRankvs 21929+ SIC 41100 peers
65

Financial strength74th percentile among SIC peers · 19/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£50k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£128k

Working capital

Current Assets

£132k

Current Liabilities

£260k

Fixed Assets

£263k

2avg. employees

Balance Sheet

Assets less current liabilities£135k
Signed by 05653708 2024-01-01 2024-12-31 05653708 2024-12-31 05653708 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.51-£10k
20230.57+£5k
20220.68+£2k
20210.69

Derived from filed accounts. Not audited figures.