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Newg420 Ltd

08813958

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

72 LONG LANE, BIRMINGHAM, B62 9DJ
Incorporated 13/12/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46342
46342
46390
Non-specialised wholesale of food, beverages and tobacco
46499
46499

Officers

Mr Satnam Singh

director · Since 01/02/2018

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 10 other boards

Persons with Significant Control

Mr Satnam Singh

25–50% shares

British · England · Age 52

72, Long Lane, Birmingham, B62 9DJ

Notified 01/02/2018

Former PSCs

Mrs Sukhbir Kaur

Ceased 20/02/2019

Charges4 outstanding

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CompanyRankvs 105+ SIC 46342 peers
77

Financial strength99th percentile among SIC peers · 25/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.33× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees14/15 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.

Longevity13/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2025

Net Worth

£5.1M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£5.9M

Working capital

Current Assets

£8.4M

Current Liabilities

£2.5M

Fixed Assets

£1.4M

11avg. employees

Balance Sheet

Assets less current liabilities£7.2M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20253.33+£513k
20242.46+£664k
20232.17+£293k
20222.18+£1.8M
20201.57+£762k
20191.22+£425k
20181.18

Derived from filed accounts. Not audited figures.