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New Ground Group Ltd

11446945

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

WORKSHOP, R/O SIMON HOUSE WINDMILL ROAD, OXFORD, OX3 7BU
Incorporated 04/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10832
Production of coffee and coffee substitutes

Officers

Mr Joel Albert Grates

director · Since 04/07/2018

DIRECTOR

BRITISH · ENGLAND · Age 41

Mr Dickon Henry Morris

director · Since 04/07/2018

DIRECTOR

BRITISH · ENGLAND · Age 39

Mr. Gordon Michael Eichhorst

director · Since 01/05/2019

DIRECTOR

ENGLISH · ENGLAND · Age 60

Also on 2 other boards

Mr Alastair Yuan Colin-Jones

director · Since 01/02/2020

IMPACT DEVELOPMENT

BRITISH · ENGLAND · Age 37

Also on 1 other board

Persons with Significant Control

Mr Dickon Henry Morris

25–50% shares
25–50% votes
Appoint directors

British · England · Age 39

Workshop, R/O Simon House, Windmill Road, Oxford, OX3 7BU

Notified 04/07/2018

Mr Joel Albert Grates

25–50% shares
25–50% votes
Appoint directors

British · England · Age 41

Workshop, R/O Simon House, Windmill Road, Oxford, OX3 7BU

Notified 04/07/2018

CompanyRankvs 80+ SIC 10832 peers
78

Financial strength95th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.63× · 16/20
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 strength24/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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 31/07/2024

Net Worth

£407k

Balance sheet strength

Cash

£68k

Cash in the bank

Net Current Assets

£67k

Working capital

Current Assets

£173k

Current Liabilities

£106k

Fixed Assets

£345k

Debtors

£84k

24avg. employees+13

Balance Sheet

Intangible assets£36k
Bank loans & overdrafts£5k
Assets less current liabilities£412k
Signed by 11446945 2023-08-01 2024-07-31 11446945 2024-07-31 11446945 bus:OrdinaryShareClass1 2024-07-31 11446945 bus:OrdinarySharPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.63+£20k
20231.17+£80k
20222.74+£126k
20211.56+£15k
20202.66+£7k
20193.00

Derived from filed accounts. Not audited figures.