Neways Associates Limited
04373558
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/01/2025
DIRECTOR
BRITISH · UNITED KINGDOM · Age 54
Also on 12 other boards
secretary · Since 01/04/2026
director · Since 01/04/2026
BRITISH · ENGLAND · Age 53
Also on 18 other boards
Persons with Significant Control
R3 Polygon Uk Ltd.
11, Blackstone Road, Huntingdon, PE29 6EE
Notified 03/10/2018
Former PSCs
Mr Leon Grayson
Ceased 03/10/2018
Mrs Tracy Ann Grayson
Ceased 03/10/2018
Charges1 outstanding
GLAS TRUST CORPORATION LIMITED
HSBC BANK PLC
LEON GRAYSON, BARNETT WADDINGHAM TRUSTEES LIMITED, TRACY GRAYSON, DAVID UTLLEY, GILLIAN LEMONS
CompanyRankvs 26698+ SIC 43999 peers32
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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
£11.3M
Annual revenue
Net Worth
-£42k
Balance sheet strength
Cash
£1k
Cash in the bank
Profit Before Tax
-£1.2M
Bottom line earnings
Net Current Assets
-£382k
Working capital
Current Assets
£4.5M
Current Liabilities
£4.9M
Fixed Assets
£5.3M
Debtors
£3.4M
Cost of Sales
£10.7M
Gross Profit
£631k
Admin Expenses
£1.8M
Operating Profit
-£1.2M
Profit After Tax
-£1.2M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.92 |
Derived from filed accounts. Not audited figures.