New Time Construction Ltd
13163427
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Palwinder Singh Gill
Indian · England · Age 39
Unit A2, Blakenhall Business Park, Moorfield Road, Wolverhampton, West Midlands, WV2 4QT
Notified 23/01/2023
Former PSCs
Mrs Era Anslow
Ceased 13/12/2021
Mr Pawandeep Singh
Ceased 23/01/2023
CompanyRankvs 2456+ SIC 41201 peers77
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2025
Net Worth
£559k
Balance sheet strength
Cash
£120k
Cash in the bank
Net Current Assets
£330k
Working capital
Current Assets
£658k
Current Liabilities
£327k
Fixed Assets
£318k
Debtors
£538k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.01 | +£352k |
| 2024 | 1.52 | +£31k |
| 2023 | 1.66 | — |
| 2022 | 1.31 | — |
Derived from filed accounts. Not audited figures.