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Newlease Limited

04654796

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

217, LONDON ROAD, READING, RG1 3NY
Incorporated 03/02/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Mohamed Nadeem Khan

director · Since 11/02/2003

DIRECTOR

ENGLISH · ENGLAND · Age 56

Also on 4 other boards

Persons with Significant Control

Mr Mohamed Nadeem Khan

25–50% shares

English · England · Age 56

112, Greencroft Road, Hounslow, TW5 0BH

Notified 01/02/2017

Former PSCs

Mr Tahir Mahmood Mirza

Ceased 01/01/2018

CompanyRankvs 14194+ SIC 56102 peers
41

Financial strength37th percentile among SIC peers · 9/25
Employees11th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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14194Newlease Limited
41
How is this score calculated?
Financial strength9/25 pts

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

Employees2/15 pts

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

Liquidity0/20 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 30/04/2024

Net Worth

£2

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£128k

Working capital

Current Assets

—

Current Liabilities

£129k

0avg. employees

Tax at Year End(2019)

Corp tax£4k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20190.03
20180.18

Derived from filed accounts. Not audited figures.