Back to search

Ne Finance Ltd

07350318

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
55 / 100

Notable Risks

25/30
Filing
10/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

1 TOWNE GATE, NEWCASTLE UPON TYNE, NE15 0EJ
Incorporated 19/08/2010

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

Overdue

Confirmation statement

Last: 19/08/2025

Due 02/09/2026

Overdue

Industry

64910
Financial leasing

Officers

Mr Tim Derham

director · Since 19/08/2010

DIRECTOR

BRITISH · UNITED KINGDOM

Persons with Significant Control

Mr Timothy Derham

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

British · England

Notified 01/06/2016

Insolvency History1 case

creditors voluntary liquidation01/07/2026

Darren Edwards (practitioner)

CompanyRankvs 269+ SIC 64910 peers
53

Financial strength55th percentile among SIC peers · 14/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.26× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
Show leaderboard
How is this score calculated?
Financial strength14/25 pts

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

Employees7/15 pts

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

Liquidity12/20 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

Insolvency history: -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

£19k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£11k

Current Liabilities

£9k

Fixed Assets

£5k

1avg. employees

Balance Sheet

Assets less current liabilities£7k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.26-£704
20231.74—

Derived from filed accounts. Not audited figures.