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New Works Limited

10015818

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

MILL HOUSE, SUDBURY, CO10 7EZ
Incorporated 19/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Theodore Denzil Drostan Bird

director · Since 19/02/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 8 other boards

Persons with Significant Control

Mr Theodore Denzil Drostan Bird

75–100% shares

British · United Kingdom · Age 55

53, Ballingdon Street, Sudbury, CO10 2BZ

Notified 06/04/2016

CompanyRankvs 143682+ SIC 82990 peers
30

Financial strength2th percentile among SIC peers · 1/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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143682New Works Limited
30
How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 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.

Longevity10/15 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 31/07/2024

Net Worth

-£238k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£67k

Working capital

Current Assets

£7

Current Liabilities

£67k

0avg. employees

Balance Sheet

Assets less current liabilities-£67k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£724

Derived from filed accounts. Not audited figures.