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Newood Technology Limited

13700536

active
Private Limited Company
wales
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

PAGET HOUSE UNIT 8, CARDIFF, CF10 5DF
Incorporated 25/10/2021

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 30/07/2025

Due 13/08/2026

On track

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Justin Stewart Els

director · Since 25/10/2021

COMPANY DIRECTOR

SOUTH AFRICAN · ENGLAND · Age 63

Mr Andrew James Mackie

director · Since 25/10/2021

COMPANY DIRECTOR

BRITISH · WALES · Age 62

Also on 6 other boards

Mr Stephen John Jones

director · Since 14/06/2022

COMPANY DIRECTOR

BRITISH · WALES · Age 70

Also on 7 other boards

Persons with Significant Control

Lj Developments Limited

25–50% shares

21, St. Andrews Crescent, Cardiff, CF10 3DB

Reg: 04321082 · England & Wales · Limited Company

Notified 14/06/2022

Mr Andrew James Mackie

25–50% shares

British · Wales · Age 62

Paget House, Unit 8, Cardiff, CF10 5DF

Notified 14/06/2022

Mr Justin Stewart Els

25–50% shares

South African · England · Age 63

Paget House, Unit 8, Cardiff, CF10 5DF

Notified 14/06/2022

Former PSCs

Mr Justin Stewart Els

Ceased 14/06/2022

Door Maintenance Group Limited

Ceased 14/06/2022

CompanyRankvs 6506+ SIC 72190 peers
33

Financial strength3th percentile among SIC peers · 1/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees10/15 pts

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

Liquidity2/20 pts

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

Longevity5/15 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 31/03/2025

Net Worth

-£339k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£37k

Working capital

Current Assets

£15k

Current Liabilities

£52k

Fixed Assets

£49k

Debtors

£13k

2avg. employees+1

Balance Sheet

Assets less current liabilities£12k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.29
20240.24
20230.10

Derived from filed accounts. Not audited figures.