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Newvara Ltd

06232816

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk

No risk factors detected.

Details

SUITE 2, CHEADLE HULME, SK8 7AZ
Incorporated 01/05/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Michael Lockwood

director · Since 16/05/2007

ENGINEERING

BRITISH · UNITED KINGDOM · Age 57

Gillian Lockwood

director · Since 06/04/2016

SECRETARY

BRITISH · UNITED KINGDOM · Age 59

Persons with Significant Control

Michael Lockwood

25–50% shares
25–50% votes

British · United Kingdom · Age 57

281 Slag Lane, Lowton, Cheshire, WA3 2AB

Notified 02/05/2016

Gillian Lockwood

25–50% shares
25–50% votes

British · United Kingdom · Age 59

281 Slag Lane, Lowton, Cheshire, WA3 2AB

Notified 20/02/2017

CompanyRankvs 7795+ SIC 71129 peers
61

Financial strength82th percentile among SIC peers · 21/25
Employees64th percentile among SIC peers · 10/15
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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How is this score calculated?
Financial strength21/25 pts

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

Employees10/15 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 31/03/2026

Net Worth

£76k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£50k

Working capital

Current Assets

Current Liabilities

-£103k

2avg. employees

Balance Sheet

Assets less current liabilities£77k
Signed by Michael Lockwood

EstimatesDerived

YearImplied Profit
2026+£0
2026+£12k
2025+£16k
2024-£3k

Derived from filed accounts. Not audited figures.