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Neworbit Ltd.

04990082

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

HAMPDEN HOUSE WARPSGROVE LANE, OXFORD, OX44 7RW
Incorporated 09/12/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Frans Lytzen

director · Since 09/12/2003

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Mr Sean Edwin Douglas Worthington

director · Since 09/12/2003

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Mr Frans Lytzen

secretary · Since 30/08/2004

OPERATIONS DIRECTOR

DANISH · UNITED KINGDOM · Age 53

Also on 2 other boards

Mr Matthew Baldwin

director · Since 20/01/2012

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 5 other boards

Persons with Significant Control

Mr Sean Edwin Douglas Worthington

25–50% shares
25–50% votes

British · England · Age 57

Hampden House, Warpsgrove Lane, Oxford, OX44 7RW

Notified 06/04/2016

Mr Frans Lytzen

25–50% shares
25–50% votes

British · England · Age 53

Icknield House, 35 Lower Icknield Way, Chinnor, OX39 4DZ

Notified 06/04/2016

CompanyRankvs 140+ SIC 62012 peers
90

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.77× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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 31/12/2025

Net Worth

£1.5M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£2.3M

Current Liabilities

£831k

Fixed Assets

£78k

Debtors

£1.1M

30avg. employees

Tax at Year End(2022)

Dividends paid£300k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.77+£777k
20241.75-£1.0M
20233.17+£508k
20222.99+£187k
20212.84+£560k
20202.18-£122k
20192.40+£177k
20181.78£2.6M

Derived from filed accounts. Not audited figures.