The News Movement Limited
12996183
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/01/2024
CEO,PRESIDENT
BRITISH · UNITED KINGDOM · Age 43
Also on 3 other boards
Persons with Significant Control
Caliber Media Holdings Limited
C/O Menzies Llp, 4th Floor, London, EC2V 7AB
Reg: 13851521 · Companies House · Limited By Shares
Notified 19/01/2022
Former PSCs
Mr William John Lewis
Ceased 19/01/2022
Charges1 outstanding
HSBC INNOVATION BANKING
CompanyRankvs 585+ SIC 63910 peers28
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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 31/12/2023
Net Worth
-£3.7M
Balance sheet strength
Cash
£314k
Cash in the bank
Net Current Assets
-£3.7M
Working capital
Current Assets
£789k
Current Liabilities
£4.5M
Fixed Assets
£13k
Debtors
£475k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.17 | -£1.4M |
| 2022 | 0.22 | -£1.7M |
Derived from filed accounts. Not audited figures.