New Way International Ltd
04820501
Some Concerns
- Going concern doubt noted in accounts (-10)
Details
Previously known as
Compliance
Last accounts
31/03/2025
group
Next accounts due
31/12/2026
Confirmation statement
Last: 03/07/2026
Due 17/07/2027
Industry
Officers
Former
corporate nominee director · Resigned 03/07/2003
corporate nominee secretary · Resigned 03/07/2003
director · Resigned 22/04/2006
secretary · Resigned 15/02/2007
director · Resigned 13/01/2015
secretary · Resigned 24/01/2023
director · Resigned 05/08/2024
Persons with Significant Control
Mandeep Singh
Indian · United Arab Emirates · Age 50
Villa 18 No 3 Arabian Ranches, Savannah Building, Dubai
Notified 06/04/2016
Charges0 outstanding
CLYDESDALE BANK PLC (TRADING AS VIRGIN MONEY) (COMPANY NUMBER SC001111)
HSBC BANK PLC
Change History
Active
Private Limited Company
BRITANNIA HOUSE
FELTHAM
CompanyRankvs 1261+ SIC 46520 peers52
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent 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 director with respect to g
Key FinancialsYear ending 31/03/2025
Net Worth
£9.0M
Balance sheet strength
Cash
£2.7M
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£10.9M
Fixed Assets
£68k
Debtors
£9.4M
Cost of Sales
£81.2M
Admin Expenses
£3.0M
Profit After Tax
£1.6M
Tax at Year End
People Costs
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | +£770k |
| 2024 | 1.82 | +£354k |
| 2023 | 1.81 | — |
Derived from filed accounts. Not audited figures.