Newtech Finance Limited
09764186
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/09/2024
micro entity
Next accounts due
30/06/2026
Confirmation statement
Last: 13/05/2025
Due 27/05/2026
Industry
Officers
director · Since 05/09/2015
CHARTERED ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 71
Also on 223 other boards
director · Since 05/09/2015
DIRECTOR
LUXEMBOURGER · LUXEMBOURG · Age 68
Also on 2 other boards
Persons with Significant Control
Gabriel Bugala
French · Luxembourg · Age 59
The Old Workshop, 1 Ecclesall Road South, Sheffield, S11 9PA
Notified 30/06/2016
CompanyRankvs 143799+ SIC 82990 peers32
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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 30/09/2024
Net Worth
-£32k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£488k
Working capital
Current Assets
£43k
Current Liabilities
£531k
Fixed Assets
£456k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.08 | -£2k |
| 2023 | 0.00 | -£9k |
| 2022 | 0.00 | -£9k |
| 2021 | 0.46 | -£657 |
| 2020 | 0.48 | -£2k |
| 2019 | 0.53 | -£920 |
| 2018 | 0.55 | — |
Derived from filed accounts. Not audited figures.