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Newford Trading Limited

07457892

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

15 YORK STREET, RAMSGATE, CT11 9DS
Incorporated 02/12/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Ercan Dinc

director · Since 26/03/2015

DIRECTOR

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr Ercan Dinc

Significant control

British · England · Age 51

15, York Street, Ramsgate, CT11 9DS

Notified 01/07/2016

CompanyRankvs 13671+ SIC 56102 peers
42

Financial strength10th percentile among SIC peers · 3/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.12× · 2/20
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 strength3/25 pts

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

Employees7/15 pts

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

Liquidity2/20 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 31/12/2024

Net Worth

-£46k

Balance sheet strength

Cash

£8

Cash in the bank

Net Current Assets

-£48k

Working capital

Current Assets

£7k

Current Liabilities

£55k

Fixed Assets

£9k

3avg. employees+3

Tax at Year End(2018)

Corp tax£758

Balance Sheet

Bank loans & overdrafts£6k
Assets less current liabilities-£40k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.12-£28k
20230.23-£5k
20222.00-£9k
20215.93+£2k
202062.15-£7k
20191.31
20180.71

Derived from filed accounts. Not audited figures.