Back to search

Newgate Trading Limited

04540669

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

572-574 ROMFORD ROAD, LONDON, E12 5AF
Incorporated 20/09/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate
96090
Other personal service activities

Officers

Mr Devang Ramesh Dave

director · Since 15/10/2002

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 5 other boards

Persons with Significant Control

Mr Devang Ramesh Dave

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · United Kingdom · Age 65

58, Middleton Gardens, Ilford, IG2 6DX

Notified 20/09/2016

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 20/10/2006Registered 25/10/2006Satisfied 01/10/2016
charge
satisfied

HSBC BANK PLC

Created 02/03/2006Registered 07/03/2006Satisfied 02/04/2016

CompanyRankvs 12283+ SIC 68209 peers
79

Financial strength80th percentile among SIC peers · 20/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.6× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength20/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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 31/12/2024

Net Worth

£130k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£60k

Working capital

Current Assets

£98k

Current Liabilities

£38k

Fixed Assets

£70k

1avg. employees

Balance Sheet

Assets less current liabilities£130k
Signed by Mr Devang Dave 19/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.60-£6k
20232.75+£7k
20222.19+£13k
20211.93+£13k
20201.67+£12k
20191.42+£13k
20181.16

Derived from filed accounts. Not audited figures.