# NEUGRID PROJECTS LTD (02223537)

> NEUGRID PROJECTS LTD is an active private limited company (company number 02223537) incorporated on 23 February 1988, registered in South Shields. Its registered activity is agents involved in the sale of machinery, industrial equipment, ships and aircraft (SIC 46140). Latest micro accounts cover the period ending 31 August 2025, showing net assets of £25k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 12% on the prior period (£23k).

- Status: Active
- Incorporated: 1988-02-23
- Registered office: South Shields, NE33 1SA
- SIC 46140: Agents involved in the sale of machinery, industrial equipment, ships and aircraft
- SIC 52290: Other transportation support activities
- SIC 70229: Management consultancy activities other than financial management
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-03-09
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 2,534 comparable companies in the UK (median £20k, upper quartile £174k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | £25k | — | — | £9,935 | — | — | 1 |
| 2024-08-31 | £23k | — | — | £37k | — | — | 1 |

current ratio 3.6; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £25,347 at 31 August 2025
- Net assets up 10% or more on the prior period: +12.0% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 3.6
- Incorporated five or more years ago: Incorporated 23 February 1988

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Hemant Bajaj — owns 25–50% of shares; holds 25–50% of voting rights, since 2020-09-01

---
Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/02223537
HTML: https://firmoscan.com/company/02223537-neugrid-projects-ltd