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New Ground Digital Ltd

11416426

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)
  • Current liabilities exceed current assets (-10)

Details

1 PARK FARM BARNS, READING, RG8 0LJ
Incorporated 14/06/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Mr Robert Anthony Aston

director · Since 14/06/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Persons with Significant Control

Mr Robert Anthony Aston

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

British · United Kingdom · Age 42

1 Park Farm Barns, Reading Road, Reading, RG8 0LJ

Notified 14/06/2018

CompanyRankvs 18414+ SIC 62012 peers
60

Financial strength56th percentile among SIC peers · 14/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 7.55× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees3/15 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.

Longevity8/15 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 30/06/2024

Net Worth

£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£58k

Current Liabilities

£8k

Fixed Assets

£389

0avg. employees

Balance Sheet

Total assets£58k

EstimatesDerived

YearCurrent RatioImplied Profit
20247.55-£113
20236.81-£10k
20224.54-£15k
20215.88+£46k
20202.14+£14k
2019-1.83

Derived from filed accounts. Not audited figures.