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Newcastle Metalworks Ltd

13908217

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 3 RHODES COURT, CRAMLINGTON, NE23 1WF
Incorporated 10/02/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Kieran James Watson

director · Since 10/02/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 29

Also on 1 other board

Persons with Significant Control

Mr Kieran Watson

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

British · United Kingdom · Age 29

Unit 3 Rhodes Court, South Nelson Road, Cramlington, NE23 1WF

Notified 10/02/2022

CompanyRankvs 2817+ SIC 25990 peers
64

Financial strength61th percentile among SIC peers · 15/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 3.15× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 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.

Liquidity20/20 pts

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

Longevity4/15 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 28/02/2026

Net Worth

£103k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£74k

Working capital

Current Assets

£109k

Current Liabilities

£35k

Fixed Assets

£41k

5avg. employees+8

Balance Sheet

Assets less current liabilities£115k
Prepared with v2026.14.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20263.15+£49k
20251.43+£45k
20241.15+£4k

Derived from filed accounts. Not audited figures.