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New Steel Solutions Ltd

08705703

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

10 HONEYSUCKLE WAY, MELTON MOWBRAY, LE13 0FU
Incorporated 25/09/2013

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 25/09/2025

Due 09/10/2026

On track

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Michael Newbery

secretary · Since 25/09/2013

Mr Michael Stanley Newbery

director · Since 25/09/2013

CONTRACTS MANAGER

ENGLISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Mr Michael Stanley Newbery

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

English · England · Age 46

10, Honeysuckle Way, Melton Mowbray, LE13 0FU

Notified 06/04/2016

CompanyRankvs 1287+ SIC 25110 peers
67

Financial strength37th percentile among SIC peers · 9/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.37× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 pts

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

Employees10/15 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.

Longevity13/15 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 28/02/2025

Net Worth

£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£106k

Working capital

Current Assets

£184k

Current Liabilities

£78k

Fixed Assets

£23k

6avg. employees

Balance Sheet

Assets less current liabilities£129k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.37-£3k
20242.76-£16k
20231.61

Derived from filed accounts. Not audited figures.