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Newgen Syndication Limited

11553454

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

FLOOR 5, NEW PENDEREL HOUSE, LONDON, WC1V 7HP
Incorporated 05/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

73110
Advertising agencies

Officers

Mr Michael Charles Craddock

director · Since 05/09/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 32

Also on 5 other boards

Mr Christopher Andrew Parnell

director · Since 05/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 32

Also on 13 other boards

Persons with Significant Control

Kairos Holdings Limited

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

Floor 5, New Penderel House, London, WC1V 7HP

Notified 05/09/2018

Charges1 outstanding

Charge
outstanding

BGF NOMINEES LIMITED (AS SECURITY TRUSTEE)

Created 16/05/2024Registered 22/05/2024

CompanyRankvs 19318+ SIC 73110 peers
29

Financial strength1th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees14/15 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.

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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2020

Net Worth

-£159k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

-£166k

Working capital

Current Assets

£105k

Current Liabilities

£271k

Fixed Assets

£53k

Debtors

£75k

9avg. employees

Balance Sheet

Intangible assets£47k
Assets less current liabilities-£113k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20200.39-£1k
20190.23

Derived from filed accounts. Not audited figures.