Newey Limited
02207753
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 12/05/2025
Due 26/05/2026
Industry
Officers
director · Since 02/11/2021
DIRECTOR
BRITISH · ENGLAND · Age 49
Also on 1 other board
director · Since 27/03/2024
DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 16 other boards
secretary · Since 24/03/2025
Persons with Significant Control
Greosn Ltd
Pagham Road, Lagness, Chichester, PO20 1LL
Reg: 09300360 · Register Of Companies In The United Kingdom · Private Limited Company
Notified 06/04/2016
Former PSCs
Rnl Properties Limited
Ceased 09/02/2018
Charges4 outstanding
METRO BANK PLC
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SME INVOICE FINANCE LIMITED
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BARCLAYS BANK PLC
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BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 204+ SIC 01130 peers54
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£28.8M
Annual revenue
Net Worth
£273k
Balance sheet strength
Cash
£211k
Cash in the bank
Profit Before Tax
£1.1M
Bottom line earnings
Net Current Assets
£3.3M
Working capital
Current Assets
£10.4M
Current Liabilities
£7.1M
Fixed Assets
£3.7M
Debtors
£4.1M
Cost of Sales
£22.7M
Gross Profit
£6.2M
Admin Expenses
£5.3M
Operating Profit
£1.1M
Profit After Tax
£796k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.47 | -£4.9M |
| 2023 | 1.60 | +£983k |
| 2021 | 1.44 | — |
Derived from filed accounts. Not audited figures.