Newtown Outdoor Festival Ltd
15039331
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Matt Richard Jones
British · United Kingdom · Age 40
7, Van Terrace, Llanidloes, SY18 6NW
Notified 31/07/2023
Mr Richard Mark Rendall
British · United Kingdom · Age 57
12, Tradyddan Terrace, Newtown, SY16 2ER
Notified 31/07/2023
CompanyRankvs 1724+ SIC 85510 peers64
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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 31/07/2024
Net Worth
£2k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£2k
Working capital
Current Assets
£2k
Current Liabilities
£37
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 48.38 |
Derived from filed accounts. Not audited figures.