New Start 2020 Limited
12477776
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 11/06/2020
director · Since 15/06/2020
DIRECTOR
BRITISH · UNITED KINGDOM · Age 68
Also on 18 other boards
Persons with Significant Control
Mr Anthony Richard Brown
British · United Kingdom · Age 68
4th Floor Silverstream House, 45 Fitzroy Street, London, W1T 6EB
Notified 14/09/2023
Former PSCs
Qa Nominees Limited
Ceased 18/03/2020
Portnard Limited
Ceased 20/04/2020
Furniture Holdings Limited
Ceased 14/09/2023
Charges1 outstanding
PORTNARD LIMITED
CompanyRankvs 14393+ SIC 47190 peers28
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2024
Net Worth
-£3.5M
Balance sheet strength
Cash
£85k
Cash in the bank
Net Current Assets
-£3.5M
Working capital
Current Assets
£523k
Current Liabilities
£4.0M
Fixed Assets
£0
Debtors
£361k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.13 | -£1.5M |
| 2023 | 0.42 | -£838k |
| 2022 | 0.69 | -£689k |
| 2021 | 1.18 | — |
Derived from filed accounts. Not audited figures.