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Ndmc Associates Limited

08157088

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

78 BOUTPORT STREET, BARNSTAPLE, EX31 1SR
Incorporated 25/07/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66190
Other activities auxiliary to financial services

Officers

Mr Ian Palfreeman

secretary · Since 25/07/2012

Mr Ian Gareth Palfreeman

director · Since 25/07/2012

IFA

BRITISH · UNITED KINGDOM · Age 58

Also on 6 other boards

Persons with Significant Control

Mr Ian Gareth Palfreeman

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

British · United Kingdom · Age 58

78, Boutport Street, Barnstaple, EX31 1SR

Notified 30/06/2016

Former PSCs

Mr Lee Martin

Ceased 26/05/2023

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 05/05/2026Registered 13/05/2026

CompanyRankvs 328+ SIC 66190 peers
74

Financial strength87th percentile among SIC peers · 22/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.9× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees13/15 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.

Longevity14/15 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

£231k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£272k

Working capital

Current Assets

£362k

Current Liabilities

£93k

Fixed Assets

£8k

4avg. employees-1

Tax at Year End(2023)

Corp tax£6k
Dividends paid£25k

Balance Sheet

Assets less current liabilities£281k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.90-£21k
202313.96-£512k
20229.93+£413k
20214.78

Derived from filed accounts. Not audited figures.