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Neeco Design Limited

14144163

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

SUITE 2, THE OFFICES COOPERAGE, BOWBURN, DH6 5AT
Incorporated 31/05/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Steven Farrell

director · Since 31/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 42

Mr James Norman Houghton

director · Since 31/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mr Paul Michael Lee

director · Since 31/05/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Persons with Significant Control

Scout Investments (Ne) Limited

25–50% shares

44, The Elms, Consett, DH8 0UA

Reg: 16296306 · Companies House England And Wales · Limited Company

Notified 01/04/2025

Jiief Limited

25–50% shares

20, Cedarwood Road, Middlesbrough, TS6 0GH

Reg: 16299011 · Companies House England And Wales · Limited Company

Notified 01/04/2025

Kestrel (Ne) Limited

25–50% shares

Suite 2, The Offices, Bowburn, DH6 5AT

Reg: 16297349 · Companies House England And Wales · Limited Company

Notified 01/04/2025

Former PSCs

Mr James Norman Houghton

Ceased 01/04/2025

Mr Paul Michael Lee

Ceased 01/04/2025

Mr Steven Farrell

Ceased 01/04/2025

CompanyRankvs 5178+ SIC 71129 peers
72

Financial strength90th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.91× · 16/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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5178Neeco Design Limited
68
How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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 31/05/2025

Net Worth

£195k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£198k

Working capital

Current Assets

£414k

Current Liabilities

£216k

5avg. employees

Balance Sheet

Assets less current liabilities£198k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.91+£128k
20241.63+£16k
20231.54—

Derived from filed accounts. Not audited figures.