{"name":"NEWPARK SECURITY LTD","company_number":"NI061344","status":"In Administration","type":"Private Limited Company","incorporated":"2006-10-18","dissolved":null,"registered_office":"Murray House, 4 Murray Street, Belfast, BT1 6DN","postcode":"BT1 6DN","sic_codes":[{"code":27900,"description":"Manufacture of other electrical equipment"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Unaudited Abridged","year_end":"31 December","last_made_up_to":"2024-02-28","next_due":"2025-09-30"},"employees":null,"financials":[{"financial_date":"2024-02-28","net_assets":-1516526,"cash":15433},{"financial_date":"2023-02-28","net_assets":-1588201,"cash":41631},{"financial_date":"2022-02-28","net_assets":-1268004,"cash":10270},{"financial_date":"2021-02-28","net_assets":-1409909,"cash":77342},{"financial_date":"2020-02-28","net_assets":-376936,"cash":27230}],"officers":{"current":1,"resigned":11,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[{"date":"2025-03-31","kind":"insolvency"}],"insolvency_outcome":null,"ai_summary":"Newpark Security Ltd, operating within the UK electrical equipment manufacturing sector (SIC 27900), has experienced severe financial deterioration culminating in its current administration status. The company's deeply negative equity, depleted cash reserves, and overwhelming creditor burden reflect a failure to navigate the challenging supply chain and inflationary pressures characteristic of the modern manufacturing landscape. As a small niche player, Newpark lacked the scale to absorb systemic cost shocks, ultimately rendering it a distressed asset rather than a viable competitor.","website":"http://www.newparksecurity.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/newpark-security","people":"https://www.companiesintheuk.co.uk/company/newpark-security/people","filing_history":"https://www.companiesintheuk.co.uk/company/newpark-security/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/NI061344","financials":"https://www.companiesintheuk.co.uk/company/newpark-security/financial","gazette":"https://www.companiesintheuk.co.uk/company/newpark-security/gazette","control":"https://www.companiesintheuk.co.uk/company/newpark-security/control","charges":"https://www.companiesintheuk.co.uk/company/newpark-security/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/newpark-security/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/newpark-security"}