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Newport Travel Solutions Ltd

10661881

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

102A FIRST FLOOR, REAR PART COMMERCIAL STREET, NEWPORT, NP20 1LU
Incorporated 09/03/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation
68100
Buying and selling of own real estate
77110
Renting and leasing of cars and light motor vehicles
79110
Travel agency activities

Officers

Mr Malik Haseeb Ahsan

director · Since 09/03/2017

DIRECTOR

BRITISH · WALES · Age 61

Also on 3 other boards

Mr Muhammad Shahbaz Mukhtar

director · Since 09/03/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 2 other boards

Persons with Significant Control

Mr Malik Haseeb Ahsan

25–50% shares

British · United Kingdom · Age 61

30, Brunel Street, Newport, NP20 2JT

Notified 09/03/2017

Mr Muhammad Shahbaz Mukhtar

25–50% shares

British · United Kingdom · Age 49

102a First Floor, Rear Part, Commercial Street, Newport, NP20 1LU

Notified 09/03/2017

Former PSCs

Mr Syed Mohammad Ahsan Haider Taqvi

Ceased 30/11/2022

Mr Syed Mohammad Jawad Haider Taqvi

Ceased 28/04/2023

Charges1 outstanding

Charge
outstanding

FAMILY FINANCE LIMITED

Created 18/09/2019Registered 20/09/2019

CompanyRankvs 2044+ SIC 49320 peers
58

Financial strength93th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2044Newport Travel Solutions Ltd
64
How is this score calculated?
Financial strength23/25 pts

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

Employees15/15 pts

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

Liquidity6/20 pts

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

Longevity9/15 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 31/03/2025

Net Worth

£80k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£80k

Working capital

Current Assets

£206k

Current Liabilities

£286k

Fixed Assets

£308k

12avg. employees+1

Tax at Year End(2023)

VAT£16k

Balance Sheet

Assets less current liabilities£227k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.72+£1k—
20240.76+£6k—
20230.37+£13k£320k
20220.32-£5k£1.3M
20210.91—£1.7M

Derived from filed accounts. Not audited figures.