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New Road Surfacing Limited

12021829

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

WHITE HOUSE FARM, BILLINGHAM, TS22 5NB
Incorporated 29/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mrs Carol Ann Hutchinson

secretary · Since 29/05/2019

Mr Robert Owen Hutchinson

director · Since 29/05/2019

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 13 other boards

Persons with Significant Control

Arrowcruit Holdings Ltd

75–100% shares

White House Farm, Sandy Lane West, Billingham, TS22 5NB

Reg: 07452893 · England · Limited Company

Notified 01/01/2024

Former PSCs

Mr Robert Owen Hutchinson

Ceased 01/01/2024

CompanyRankvs 65286+ SIC 96090 peers
47

Financial strength17th percentile among SIC peers · 4/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 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.

Liquidity6/20 pts

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

Longevity7/15 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

-£423

Balance sheet strength

Cash

£383k

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£842k

Current Liabilities

£846k

Fixed Assets

£9k

Debtors

£459k

26avg. employees

Tax at Year End(2023)

Corp tax£611

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£5k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.00
20231.02+£1k
20231.05+£1k
20221.13+£821
20211.19+£2k
20201.24

Derived from filed accounts. Not audited figures.