Newslease Limited
03281940
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/10/2024
full
Next accounts due
31/07/2026
Confirmation statement
Last: 16/02/2026
Due 02/03/2027
Industry
Officers
director · Since 29/11/1996
HOTELIER
BRITISH · UNITED KINGDOM · Age 78
Also on 39 other boards
director · Since 29/11/2006
DIRECTOR
BRITISH · ENGLAND · Age 72
Also on 4 other boards
director · Since 17/03/2026
BRITISH · UNITED KINGDOM · Age 41
Also on 3 other boards
Persons with Significant Control
Bayswift Limited
Second Floor West, Ivy House, Eastbourne, BN21 4QT
Notified 01/06/2016
Charges2 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 54+ SIC 87300 peers69
Show leaderboard
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
on the company’s ability to continue as a going concern. The financial statements are therefore prepared on a going concern basis. Refer to further details on note 1. 2. On behalf of the board Mr A Jivraj Director 24 July 2025 NEWSLEASE LIMITED DIRECTORS' REPORT FOR THE YEAR ENDED 31 OCTOBER 2024 - 3 - The directors prese
Key FinancialsYear ending 31/10/2024
Net Worth
£5.9M
Balance sheet strength
Cash
£384k
Cash in the bank
Profit Before Tax
-£11k
Bottom line earnings
Net Current Assets
£685k
Working capital
Current Assets
£1.0M
Current Liabilities
£351k
Fixed Assets
£5.5M
Debtors
£650k
Cost of Sales
£145k
Admin Expenses
£2.5M
Profit After Tax
-£15k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.95 | -£15k |
| 2023 | 4.88 | — |
Derived from filed accounts. Not audited figures.