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New Current Ltd

12860105

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

16 ALBERT ROAD, STROUD, GL5 2QZ
Incorporated 07/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr James Adams

director · Since 07/09/2020

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 33

Mr Michael Hill

director · Since 07/09/2020

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 37

Persons with Significant Control

Mr Michael Hill

25–50% shares
25–50% votes

British · United Kingdom · Age 37

16 Albert Road, Brimscombe, Stroud, GL5 2QZ

Notified 07/09/2020

Mr James Adams

25–50% shares
25–50% votes

British · United Kingdom · Age 33

16 Albert Road, Brimscombe, Stroud, GL5 2QZ

Notified 07/09/2020

CompanyRankvs 14708+ SIC 43210 peers
60

Financial strength64th percentile among SIC peers · 16/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.3× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees11/15 pts

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

Liquidity12/20 pts

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

Longevity6/15 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 30/09/2025

Net Worth

£17k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£25k

Current Liabilities

£19k

Fixed Assets

£12k

3avg. employees+1

Balance Sheet

Assets less current liabilities£17k
Signed by J M Adams 14 January 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.30+£3k
20241.42+£8k
20231.14—

Derived from filed accounts. Not audited figures.