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New Heights Construction And Development Ltd

14765638

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

FAR HORIZONS, NEWQUAY, TR7 1LZ
Incorporated 29/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting
43999
Specialised construction activities

Officers

Mr Simon Deakin

director · Since 29/03/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Mr Luke Christopher Swainsbury

director · Since 29/03/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Persons with Significant Control

Mr Luke Christopher Swainsbury

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 39

Far Horizons, Rear Of 107 Tower Road, Newquay, TR7 1LZ

Notified 29/03/2023

Mr Simon Deakin

25–50% shares
25–50% votes

British · United Kingdom · Age 41

Far Horizons, Rear Of 107 Tower Road, Newquay, TR7 1LZ

Notified 29/03/2023

CompanyRankvs 10303+ SIC 43341 peers
19

Financial strength7th percentile among SIC peers · 2/25
Employees60th percentile among SIC peers · 9/15
LiquidityNo balance sheet data · 0/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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10303New Heights Construction And Development Ltd
29
How is this score calculated?
Financial strength2/25 pts

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

Employees9/15 pts

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

Liquidity0/20 pts

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

Longevity3/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 31/03/2025

Net Worth

-£9k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

—

Current Liabilities

£9k

2avg. employees
Signed by Mr L Swainsbury,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.04

Derived from filed accounts. Not audited figures.