Company Overview
New Margate Cic is listed at the official companies registry as Active Private Limited By Guarantee Without Share Capital. The company was incorporated on Wednesday 30 October 2013, so this is a well established company. New Margate Cic has been in business for 12 years and 5 months. The accounts status is total exemption full and the accounts are next due on Friday 31 July 2026.
Registered Address

5 King Street, Margate, CT9 1DD
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NameNEW MARGATE CIC
Company Number08754924
Registered Office Address5 King Street
 CT9 1DD
Company CategoryPrivate Limited By Guarantee Without Share Capital
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date30/10/2013
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2026
Accounts Last Made Up Date31/10/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date27/11/2016
Returns Last Made Up Date30/10/2015
Previous Company NameChanged Date
WESTCOAST (KENT) CIC04 Dec 2023
Directors & Members
Show Resigned
Heather Deslandes - Director
(English, 64 years old, born October 1962)
Appointed 30 October 2013
 Active
Eli Thompson - Director
(British, 60 years old, born March 1966)
Appointed 30 October 2013
 Active
Secretaries
Show Resigned
Other Company Directorships
Heather Deslandes
EAST KENT LEISURE LIMITED
MARGATE SOUL WEEKEND LIMITED
Eli Thompson
GENERATION SPORTS WEAR LTD
GIG 4 LIMITED
MARGATE SOUL FESTIVAL LIMITED
OLBY'S CREATIVE HUB LTD
THANET LIVE LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Balance Sheet
Fixed Assets 27,978 27,978 34,972
Current Assets 11 11 1,327
Creditors Due Within One Year 13,825 13,825 14,389
Working Cap -13,814 -13,814 -13,062
Total Assets Less Current Liabilities 14,164 14,164 21,910
Long-term Liabilities 0 0 0
Net Assets 14,164 14,164 21,910
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 14,164 14,164 21,910
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Tangible Fixed Assets - - -
Fixed Assets 100.0% 100.0% 96.3%
Stocks Inventory - - -
Debtors - - 1.2%
Cash Bank In Hand 0.0% 0.0% 2.5%
Current Assets 0.0% 0.0% 3.7%
Creditors Due Within One Year 49.4% 49.4% 39.6%
Net Current Assets Liabilities -49.4% -49.4% -36.0%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 50.6% 50.6% 60.4%
Capital Employed - - -
Total Assets Less Current Liabilities 50.6% 50.6% 60.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Liquidity Ratio 0.0 0.0 0.1
Solvency Ratio 2.0 2.0 2.5
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Assets 27,989 27,989 36,299
Debt 13,825 13,825 14,389
Net Assets/Debt 14,164 14,164 21,910

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around CT9 1DD
THANET NURSERY PROJECT LIMITED
34 New House 67-68 Hatton Garden, London, CT9 1DD
THANETCHILDCARE LIMITED
24 Hartsdown Road, Margate, CT9 1DD
AREA-CT9 C.I.C.
9 King Street, Margate, Kent, CT9 1DD
SPEAK UP CIC
The Media Centre, 11-13 King Street, Margate, Kent, CT9 1DD
GB MUSIC CULTURE LIMITED
THE WEST COAST, 3-5, MARGATE, CT9 1DD
QUEST NETWORK LIMITED
35 KING STREET, MARGATE, KENT, CT9 1DD
STAN TRADING COMPANY LIMITED
3-5 King Street, Margate, Kent, CT9 1DD
EVERYBODY'S SPECIAL LIMITED
The Media Centre, 11-15 King Street, Margate, Kent, CT9 1DD
DISCOUNT WATCHES XYZ LIMITED
11-13 King St, Margate, CT9 1DD
CCCOMPANY LIMITED
11-13 King Street, Margate, CT9 1DD
Document Filings
Confirmation statement made on 30 October 2025 with no updates
Confirmation statement made on 30 October 2024 with no updates
Certificate of change of name
Confirmation statement made on 30 October 2023 with no updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 30 October 2022 with no updates
Confirmation statement made on 30 October 2021 with no updates
Confirmation statement made on 30 October 2020 with no updates
Confirmation statement made on 30 October 2019 with no updates
Confirmation statement made on 30 October 2018 with no updates
Confirmation statement made on 30 October 2017 with no updates
Compulsory strike-off action has been discontinued
Confirmation statement made on 30 October 2016 with updates
First Gazette notice for compulsory strike-off
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free