The Firmwatch take
Newincco 760 Limited (06363214) currently shows: Watch signal detected, based on accounts to 31 December 2023; last refreshed 24 May 2026. A strike-off notice has been published. The company can still trade until the second gazette.
Companies House source·Accounts to 31 Dec 2023·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
1 public risk event on file
Incorporated
6 September 2007
18 years on the register
Sector
Development of building projects
SIC 41100
Size
Not classified
Net assets
£500
Top 30% in sector
Cash at bank
Not disclosed
Not required for this filing type
Risk events
1 on file
Public Gazette / Companies House
Analytics
Risk, value and sector comparison
Insolvency risk
45/100
elevated risk
Estimated public-data value
£375 - £675
medium confidence - net asset range
Sector comparison
Sector: Construction Main Contractors
Sample: 1,332 companies
Negative net assets: 24.1%
- Net assets vs sector median
- £305
- Working capital vs sector median
- -£1,538,245
- Sector median current ratio
- 1.02
Thin net asset buffer
The company reports a small visible net asset position.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Accounts are ageing
The latest extracted accounts period is more than 21 months old.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Top 30% in sector · Sector medians shown for 1,332 filers in this sector (2023).
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
Not disclosed
Current liabilities
Amounts due within one year (short-term creditors).
£1,904,937
Working capital
Current assets minus current liabilities.
-£1,531,802
Median £6k
Fixed assets
Long-term tangible and intangible assets.
Not disclosed
Total assets less current liabilities
Fixed assets plus working capital.
-£1,531,801
Net assets
What's left after liabilities are deducted from assets.
£500
Median £195
Equity (capital & reserves)
Shareholder funds.
£500
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.