New World Tech Limited
10190632
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/05/2025
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 19/05/2026
Due 02/06/2027
Industry
Officers
director · Since 01/07/2024
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 54
Also on 28 other boards
Persons with Significant Control
Insight Direct (Uk) Ltd
1st Floor, St Paul's Place, 121, Norfolk Street, Sheffield, S1 2JF
Reg: 02579852 · Companies House · Private Limited Liability Company
Notified 01/07/2024
Former PSCs
Glenn Ballard
Ceased 01/07/2024
Mrs Donna Maria Gunn Ballard
Ceased 08/12/2022
Donna Maria Gunn Ballard
Ceased 01/07/2024
CompanyRankvs 2112+ SIC 62020 peers85
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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 31/05/2025
Net Worth
£2.3M
Balance sheet strength
Cash
£1.5M
Cash in the bank
Net Current Assets
£2.3M
Working capital
Current Assets
£3.8M
Current Liabilities
£1.5M
Fixed Assets
£14k
Debtors
£2.3M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.57 | +£0 |
| 2025 | 2.57 | +£1.0M |
| 2024 | 4.10 | +£506k |
| 2022 | 2.06 | +£236k |
| 2021 | 1.99 | +£319k |
| 2020 | 1.92 | — |
| 2019 | 1.05 | — |
Derived from filed accounts. Not audited figures.