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Newt Communications Ltd

12293988

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)
  • Current liabilities exceed current assets (-10)

Details

69 CLEVELAND ROAD, SOUTHAMPTON, SO18 2AE
Incorporated 01/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61900
Other telecommunications activities

Officers

Mr Kevin Wallace

director · Since 01/11/2019

MANAGER

BRITISH · UNITED KINGDOM · Age 55

Mrs Sarah Louise Wallace

director · Since 01/11/2019

MANAGER

BRITISH · UNITED KINGDOM · Age 57

Persons with Significant Control

Mr Kevin Wallace

25–50% shares

British · United Kingdom · Age 55

20-22, Wenlock Road, London, N1 7GU

Notified 01/11/2019

Mrs Sarah Louise Wallace

25–50% shares

British · United Kingdom · Age 57

20-22, Wenlock Road, London, N1 7GU

Notified 01/11/2019

CompanyRankvs 2577+ SIC 61900 peers
65

Financial strength83th percentile among SIC peers · 21/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 6.92× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees2/15 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.

Longevity7/15 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

£93k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£94k

Working capital

Current Assets

£109k

Current Liabilities

£16k

Fixed Assets

£1k

0avg. employees

Balance Sheet

Assets less current liabilities£95k
Signed by 1.12.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20246.92+£95k
2023-£6k
2022-£9k
2021+£7k

Derived from filed accounts. Not audited figures.