Newmile Developments Limited
09042608
Healthy
- Negative net worth (-10)
Details
Compliance
Last accounts
31/05/2024
micro entity
Next accounts due
31/05/2026
Confirmation statement
Last: 31/08/2025
Due 14/09/2026
Industry
Officers
director · Since 22/05/2014
DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 11 other boards
Persons with Significant Control
Mr Brendan Paul Michael Bacon
British · England · Age 55
Unit 3 Polaris Centre, 41 Brownfields, Welwyn Garden City, AL7 1AN
Notified 06/04/2016
Mr John Slater
British · Malaysia · Age 83
357c, Archway Road, London, N6 4EJ
Notified 06/04/2016
CompanyRankvs 26971+ SIC 68100 peers62
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/05/2025
Net Worth
-£24k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£622k
Working capital
Current Assets
£625k
Current Liabilities
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 167.18 | +£0 |
| 2024 | 167.18 | +£0 |
| 2023 | 164.94 | -£1k |
| 2022 | 120.32 | -£750 |
| 2021 | 128.93 | -£849 |
| 2020 | 369.10 | -£4k |
| 2019 | 94.40 | -£4k |
| 2018 | 282.09 | — |
Derived from filed accounts. Not audited figures.