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New Generation Tech Ltd

09933264

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

DEMSA ACCOUNTS 565 GREEN LANES, LONDON, N8 0RL
Incorporated 31/12/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Baris Donmez

director · Since 31/12/2015

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 39

Persons with Significant Control

Mr Baris Donmez

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

British · United Kingdom · Age 39

242, Barker Drive, London, NW1 0JF

Notified 20/12/2016

CompanyRankvs 90765+ SIC 62020 peers
35

Financial strength7th percentile among SIC peers · 2/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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90765New Generation Tech Ltd
34
How is this score calculated?
Financial strength2/25 pts

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

Employees5/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 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 31/12/2024

Net Worth

-£12k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£4k

Current Liabilities

£16k

Debtors

£694

1avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.26-£5k
20230.62-£47k
20212.19—

Derived from filed accounts. Not audited figures.