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Newco (Exeter) Limited

12760180

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

PATERNOSTER HOUSE, EXETER, EX4 3FR
Incorporated 22/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Courtney Edward Manning

director · Since 22/07/2020

PLUMBER

ZIMBABWEAN · ENGLAND · Age 37

Also on 6 other boards

Mr James Terence Porter

director · Since 22/07/2020

CARPENTER

ENGLISH · ENGLAND · Age 37

Also on 6 other boards

Mr Maxwell John Sayers

director · Since 22/07/2020

LANDLORD

ENGLISH · UNITED KINGDOM · Age 36

Also on 9 other boards

Persons with Significant Control

Mr James Terence Porter

25–50% shares
25–50% votes

English · England · Age 37

Paternoster House, North Street, Exeter, EX4 3FR

Notified 22/07/2020

Mr Courtney Edward Manning

25–50% shares
25–50% votes

Zimbabwean · England · Age 37

Paternoster House, North Street, Exeter, EX4 3FR

Notified 22/07/2020

Mr Maxwell John Sayers

25–50% shares
25–50% votes

English · United Kingdom · Age 36

Paternoster House, North Street, Exeter, EX4 3FR

Notified 22/07/2020

Charges2 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 28/05/2025Registered 05/06/2025
Charge
outstanding

BIRMINGHAM BANK LIMITED

Created 28/02/2025Registered 28/02/2025
Charge
satisfied

ARBUTHNOT LATHAM & CO LIMITED

Created 21/03/2023Registered 23/03/2023Satisfied 05/06/2025
Charge
satisfied

ARBUTHNOT LATHAM & CO LIMITED

Created 10/02/2023Registered 16/02/2023Satisfied 05/06/2025
Charge
satisfied

ARBUTHNOT LATHAM & CO LIMITED

Created 10/02/2023Registered 16/02/2023Satisfied 05/06/2025
Charge
satisfied

SOUTHERN COUNTY DEVELOPMENTS LTD

Created 07/06/2022Registered 09/06/2022Satisfied 11/04/2023
Charge
satisfied

ARBUTHNOT LATHAM & CO., LIMITED

Created 16/09/2021Registered 27/09/2021Satisfied 06/05/2026
Charge
satisfied

ARBUTHNOT LATHAM & CO., LIMITED

Created 16/09/2021Registered 27/09/2021Satisfied 06/05/2026

CompanyRankvs 66726+ SIC 68100 peers
43

Financial strength90th percentile among SIC peers · 23/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees3/15 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.

Longevity6/15 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

£276k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£1.3M

Current Liabilities

£1.3M

Fixed Assets

£1.5M

Debtors

£179k

0avg. employees-3

Tax at Year End

Corp tax£25k

Balance Sheet

Intangible assets£0
Assets less current liabilities£1.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.99-£286k
20244.21-£101k
20235.65+£1.2M
20220.74
20210.13

Derived from filed accounts. Not audited figures.