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New Cut Limited

06594764

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

STERLING WORKS TEXAS STREET, LEEDS, LS27 0HG
Incorporated 15/05/2008

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 15/05/2025

Due 29/05/2026

On track

Industry

70100
Activities of head offices

Officers

Sir Dean Stefan Beal

director · Since 25/06/2008

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 1 other board

Nicola Tracey Hoggins

secretary · Since 17/03/2009

BRITISH

Also on 1 other board

Persons with Significant Control

Sir Dean Stefan Beal

75–100% shares
75–100% votes
Appoint directors

British · Thailand · Age 62

Sterling Works, Texas Street, Leeds, LS27 0HG

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

CLYDESDALE BANK PLC T/A CLYDESDALE BANK AND YORKSHIRE BANK

Created 07/01/2016Registered 07/01/2016
Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK)

Created 21/10/2015Registered 22/10/2015

CompanyRankvs 8723+ SIC 70100 peers
41

Financial strength77th percentile among SIC peers · 19/25
Employees15th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
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 strength19/25 pts

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

Employees2/15 pts

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

Liquidity0/20 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 31/12/2024

Net Worth

£617k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£1.6M

Working capital

Current Assets

Current Liabilities

£1.7M

Fixed Assets

£2.3M

0avg. employees

Balance Sheet

Assets less current liabilities£688k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£8k
2023-£1k
20220.01-£599k
20210.16+£106k
20200.17+£113k
20190.01+£110k
20180.03

Derived from filed accounts. Not audited figures.