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Ne2 Limited

05907149

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

1 ASTON HOUSE REDBURN ROAD, NEWCASTLE UPON TYNE, NE5 1NB
Incorporated 16/08/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Miss Hannah Margaret Rebecca Cuthbert

director · Since 19/01/2021

RECRUITMENT BUSINESS PARTNER

BRITISH · ENGLAND · Age 38

Mr William George Edward Cuthbert

director · Since 19/01/2021

LANDSCAPER

BRITISH · ENGLAND · Age 36

Charges1 outstanding

charge
outstanding

[PARAGON MORTGAGES LIMITED

Created 20/04/2007Registered 24/04/2007

CompanyRankvs 56220+ SIC 68209 peers
52

Financial strength73th percentile among SIC peers · 18/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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56220Ne2 Limited
62
How is this score calculated?
Financial strength18/25 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 31/08/2024

Net Worth

£57k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£77k

Working capital

Current Assets

£1k

Current Liabilities

£78k

Fixed Assets

£437k

2avg. employees

Tax at Year End(2021)

Corp tax£459

Director Loans(2018)

Company owes directors£266

Balance Sheet

Assets less current liabilities£360k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01-£2k
20230.03+£137
20220.05-£184
20210.08+£10k
20200.03-£7k
20180.06—

Derived from filed accounts. Not audited figures.