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New Canal Limited

15419159

active
Private Limited Company
england wales
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

UNIT 5 ORION BUSINESS CENTRE, SOUTHAMPTON, SO18 2HJ
Incorporated 17/01/2024

Compliance

Last accounts

31/01/2025

micro entity

Next accounts due

29/10/2026

On track

Confirmation statement

Last: 15/04/2026

Due 29/04/2027

On track

Industry

41100
Development of building projects

Officers

Mr Matthew Robin Douglas Payne

director · Since 17/01/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 3 other boards

Charges4 outstanding

Charge
outstanding

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CompanyRankvs 56987+ SIC 41100 peers
29

Financial strength36th percentile among SIC peers · 9/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 1× · 12/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength9/25 pts

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

Employees0/15 pts

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

Liquidity12/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/01/2025

Net Worth

£57

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£57

Working capital

Current Assets

£214k

Current Liabilities

£214k

Balance Sheet

Assets less current liabilities£57
Signed by Mr Matthew Robin Payne 01/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.00

Derived from filed accounts. Not audited figures.