Newslitter Limited
01516355
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/09/1980
SUPPLIER OF ANIMAL BEDDING
BRITISH · ENGLAND · Age 73
Also on 3 other boards
director · Since 08/09/1980
SUPPLIER OR ANIMAL BEDDING
BRITISH · ENGLAND · Age 74
Persons with Significant Control
Mr Vinay Shah
British · England · Age 38
15a, Station Road, Epping, CM16 4HG
Notified 06/07/2020
Mr Vishal Shah
British · England · Age 41
15a, Station Road, Epping, CM16 4HG
Notified 06/07/2020
Former PSCs
Mr Dilip Raichand Shah
Ceased 01/07/2020
Mrs Aruna Dilip Shah
Ceased 01/07/2020
Charges0 outstanding
R. SHAH · K. SHAH
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 9868+ SIC 32990 peers41
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 06/09/2024
Net Worth
-£341k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£444k
Working capital
Current Assets
£3k
Current Liabilities
£447k
Fixed Assets
£103k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.01 | -£4k |
| 2023 | 0.02 | -£9k |
| 2022 | 0.01 | — |
| 2021 | 0.15 | — |
| 2020 | 0.22 | — |
| 2019 | 0.30 | — |
| 2018 | 0.24 | — |
Derived from filed accounts. Not audited figures.