Newton Tesla (Electric Drives) Limited
02105475
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/06/1991
ADMINISTRATOR
BRITISH · ENGLAND · Age 74
Also on 3 other boards
Persons with Significant Control
Mr George Newton
British · England · Age 72
97 Chester Road, Cheshire, CW10 9EU
Notified 29/06/2017
CompanyRankvs 92+ SIC 27110 peers71
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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 31/03/2025
Net Worth
£70k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£74k
Working capital
Current Assets
£132k
Current Liabilities
£60k
Fixed Assets
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.19 | -£3k |
| 2024 | 1.99 | +£59k |
| 2023 | 1.41 | -£4k |
| 2022 | 1.60 | -£23 |
| 2021 | 1.51 | +£6 |
| 2020 | 1.10 | -£37k |
| 2019 | 1.43 | +£21k |
| 2017 | 1.26 | — |
Derived from filed accounts. Not audited figures.