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Next Generation Utilities Limited

12337789

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

UNIT 2 PLANET PLACE, KILLINGWORTH, NE12 6DY
Incorporated 28/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Mr Gareth Nicholas Mckenna

director · Since 28/11/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 4 other boards

Persons with Significant Control

Mr Gareth Nicholas Mckenna

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

British · United Kingdom · Age 47

Unit 2 Planet Place, George Stephenson Industrial Estate, Killingworth, NE12 6DY

Notified 28/11/2019

Charges2 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LTD

Created 27/05/2025Registered 28/05/2025
Charge
outstanding

BESPOKE METERING SOLUTIONS LIMITED

Created 04/03/2025Registered 06/03/2025

CompanyRankvs 14394+ SIC 43290 peers
43

Financial strength0th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.64× · 16/20
Longevity7 years trading (max 15) · 7/15
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.

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.

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.

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 31/03/2025

Net Worth

-£373k

Balance sheet strength

Cash

£44k

Cash in the bank

Net Current Assets

£216k

Working capital

Current Assets

£552k

Current Liabilities

£336k

Fixed Assets

£11k

Debtors

£508k

17avg. employees+9

Balance Sheet

Intangible assets£2k
Assets less current liabilities£227k
Signed by Mr Gareth Mckenna 18/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.64+£381k
20241.45-£763k
20232.62

Derived from filed accounts. Not audited figures.