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G Newman Building Services Limited

07034356

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

GARDEN COTTAGE 1B BLENHEIM AVENUE, NEWARK, NG22 0LR
Incorporated 30/09/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings

Officers

Mr Gareth John Newman

director · Since 30/09/2009

BUILDER AND DIRECTOR

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Mr Gareth John Newman

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

British · England · Age 58

Garden Cottage, 1b Blenheim Avenue, Newark, NG22 0LR

Notified 06/04/2016

Charges1 outstanding

Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 22/12/2022Registered 06/01/2023Satisfied 29/07/2023
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 22/12/2022Registered 23/12/2022Satisfied 29/07/2023
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/08/2011Registered 25/08/2011

CompanyRankvs 717+ SIC 41201 peers
75

Financial strength91th percentile among SIC peers · 23/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 7.71× · 20/20
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 strength23/25 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.

Liquidity20/20 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

£422k

Balance sheet strength

Cash

£802

Cash in the bank

Net Current Assets

£376k

Working capital

Current Assets

£432k

Current Liabilities

£56k

Fixed Assets

£49k

Debtors

£44k

3avg. employees

Tax at Year End

Corp tax£2k

Balance Sheet

Assets less current liabilities£425k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20247.71+£12k
20234.23

Derived from filed accounts. Not audited figures.