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Newco Services Ltd

12868961

active
Private Limited Company
england wales
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

E1 STUDIOS UNIT 404, LONDON, E1 1DU
Incorporated 09/09/2020

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 08/09/2025

Due 22/09/2026

On track

Industry

69203
Tax consultancy

Officers

Mr Md Rejaul Karim

director · Since 09/09/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 2 other boards

Persons with Significant Control

Mr Md Rejaul Karim

75–100% shares

British · United Kingdom · Age 46

7, Bermuda Way, London, E1 4GB

Notified 09/09/2020

CompanyRankvs 9162+ SIC 69203 peers
30

Financial strength7th percentile among SIC peers · 2/25
Employees31th percentile among SIC peers · 5/15
LiquidityCurrent ratio -0.56× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£8k

Balance sheet strength

Cash

£833

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

-£3k

Current Liabilities

£5k

Debtors

-£4k

1avg. employees

Director Loans(2023)

Company owes directors£2k

Balance Sheet

Assets less current liabilities-£8k
Signed by Mr Md Karim 4 August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2024-0.56-£6k
20230.42-£157
20220.48-£173
20210.37

Derived from filed accounts. Not audited figures.