Newway Office Furniture Ltd
08020632
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 04/04/2012
director · Since 04/01/2024
DIRECTOR
BRITISH · ENGLAND · Age 36
Also on 2 other boards
Persons with Significant Control
Mr Lawrence Keith Newsome
British · England · Age 69
Britannia Mills, Gelderd Road, Batley, WF17 9QD
Notified 01/05/2016
Former PSCs
Mrs Sheila Margaret Newsome
Ceased 30/04/2019
CompanyRankvs 2664+ SIC 47990 peers77
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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 31/03/2025
Net Worth
£55k
Balance sheet strength
Cash
£200k
Cash in the bank
Net Current Assets
£30k
Working capital
Current Assets
£272k
Current Liabilities
£242k
Fixed Assets
£60k
Debtors
£66k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.12 | +£8k |
| 2024 | 1.09 | +£15k |
| 2023 | 1.01 | — |
| 2022 | 0.97 | — |
| 2021 | 1.36 | -£34k |
| 2020 | 1.27 | — |
| 2019 | 0.68 | — |
Derived from filed accounts. Not audited figures.