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Newbreed Limited

09275551

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

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 22/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64303
Activities of venture and development capital companies
68209
Other letting and operating of own or leased real estate

Officers

Mr Gurminder Singh Basra

director · Since 20/07/2015

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 10 other boards

Persons with Significant Control

Mr Gurminder Singh Basra

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 56

124, City Road, London, EC1V 2NX

Notified 06/04/2016

CompanyRankvs 19200+ SIC 64303 peers
45

Financial strength8th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 1.5× · 16/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees0/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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 31/10/2024

Net Worth

-£22k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£51k

Current Liabilities

£34k

Balance Sheet

Assets less current liabilities£17k
Signed by Mr Gurminder Basra 21 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.50-£6k
20231.48-£6k
20222.24-£6k
20212.84+£6k
20202.25+£10k
20190.05-£5k
20180.20

Derived from filed accounts. Not audited figures.