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Newline Technology Ltd

11068959

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

HALLIWELL BUSINESS PARK, ROSSINI STREET, BL1 8DL
Incorporated 17/11/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Muhammad Rafaqat

director · Since 17/11/2017

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Persons with Significant Control

Mr Muhammad Rafaqat

Significant control

British · United Kingdom · Age 48

7 Russell Street, Bolton, BL1 4BE

Notified 17/11/2017

CompanyRankvs 19457+ SIC 47910 peers
60

Financial strength15th percentile among SIC peers · 4/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.45× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees12/15 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.

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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

-£5k

Balance sheet strength

Cash

£222

Cash in the bank

Net Current Assets

£13k

Working capital

Current Assets

£22k

Current Liabilities

£9k

Fixed Assets

£2k

Debtors

£2k

2avg. employees-1

Balance Sheet

Assets less current liabilities£14k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.45+£654
20232.52-£14k
20222.09-£723
20212.50

Derived from filed accounts. Not audited figures.