Newington Causeway Limited
12527493
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/03/2025
unaudited abridged
Next accounts due
31/12/2026
Confirmation statement
Last: 06/08/2025
Due 20/08/2026
Industry
Officers
director · Since 01/04/2026
BRITISH · ENGLAND · Age 45
Also on 2 other boards
director · Since 01/04/2026
INDIAN · ENGLAND · Age 48
Also on 2 other boards
Former
director · Resigned 07/01/2022
director · Resigned 07/01/2022
director · Resigned 01/04/2026
secretary · Resigned 01/04/2026
Persons with Significant Control
S M Galande Ltd
116, Stayton Road, Sutton, SM1 2PU
Reg: 16369660 · Companies House · Limited Company
Notified 01/04/2026
Former PSCs
Borough House Limited
Ceased 07/01/2022
Zinbake Limited
Ceased 01/04/2026
Charges3 outstanding
Lloyds Bank PLC
Lloyds Bank PLC
Lloyds Bank PLC
The leasehold property known as or being 301-303 borough high street, london, SE1 1JH registered at hm land registry under title number TGL585330.
Change History
Active
Private Limited Company
301 - 303 BOROUGH HIGH STREET
LONDON
CompanyRankvs 1630+ SIC 47749 peers15
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/03/2025
Net Worth
-£202k
Balance sheet strength
Cash
£19k
Cash in the bank
Net Current Assets
-£497k
Working capital
Current Assets
£167k
Current Liabilities
£664k
Fixed Assets
£295k
Debtors
£103k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.25 | -£40k |
| 2024 | 0.28 | -£80k |
| 2023 | 0.23 | — |
Derived from filed accounts. Not audited figures.