Newbegin Financial Services Limited
12369872
Healthy
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/12/2021
DIRECTOR
BRITISH · ENGLAND · Age 38
Also on 10 other boards
director · Since 17/12/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 50
Also on 12 other boards
Persons with Significant Control
Newbegin Holdings Limited
Newbegin House, 14-16 Newbegin, Beverley, HU17 8EG
Reg: 10275347 · Companies House · Limited
Notified 18/12/2019
Charges2 outstanding
PAUL SIMPSON · MAIRI ANN SIMPSON · GEORGE PAUL SIMPSON · GRACE ELIZABETH SIMPSON · THERE ARE MORE THAN FOUR PERSONS ENTITLED
HSBC UK BANK PLC
CompanyRankvs 845+ SIC 64205 peers55
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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.
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 31/12/2024
Net Worth
£4k
Balance sheet strength
Cash
£39k
Cash in the bank
Net Current Assets
£78k
Working capital
Current Assets
£193k
Current Liabilities
£114k
Debtors
£153k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.69 | +£0 |
| 2023 | 2.14 | +£0 |
| 2022 | 1.00 | +£0 |
| 2021 | 1.69 | +£0 |
Derived from filed accounts. Not audited figures.