Newco Buying Association
05970990
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 18/10/2006
BRITISH · UNITED KINGDOM · Age 41
Also on 11 other boards
director · Since 18/10/2006
MANAGER
BRITISH · UNITED KINGDOM · Age 41
Also on 11 other boards
Persons with Significant Control
Mr Dhiresh Vijay Kara
British · United Kingdom · Age 41
3, Dallas Road, Hendon, NW4 3JB
Notified 06/04/2016
Former PSCs
Mr Diresh Vijay Kara
Ceased 13/10/2025
CompanyRankvs 1138+ SIC 46130 peers59
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2025
Net Worth
£505
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
£505
Working capital
Current Assets
£3k
Current Liabilities
£3k
Debtors
£2
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.19 | — |
| 2025 | 1.19 | — |
| 2024 | 1.03 | — |
| 2023 | 1.02 | +£10k |
| 2022 | 0.57 | -£20k |
| 2021 | 1.13 | +£2k |
| 2020 | 1.06 | -£1k |
| 2019 | 2.35 | -£14k |
| 2018 | 3.36 | — |
Derived from filed accounts. Not audited figures.