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Neednowater Limited

06845523

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

7 COCKHALL CLOSE, ROYSTON, SG8 0RB
Incorporated 12/03/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Gail Arnold

secretary · Since 12/03/2009

Mr Mark Andrew Whelan

director · Since 12/03/2009

EDITOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Mark Andrew Whelan

25–50% shares
25–50% votes

British · England · Age 47

7, Cockhall Close, Royston, SG8 0RB

Notified 07/04/2016

Former PSCs

Miss Catriona Marie Irving

Ceased 22/04/2018

CompanyRankvs 8498+ SIC 59200 peers
44

Financial strength18th percentile among SIC peers · 5/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.83× · 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 strength5/25 pts

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

Employees3/15 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 31/03/2025

Net Worth

-£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£785

Working capital

Current Assets

£4k

Current Liabilities

£5k

-1avg. employees
Prepared with v2025.55.2 micro_entity_frs_105_v1_1_2 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20250.83-£109
20240.86
20230.90

Derived from filed accounts. Not audited figures.