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Newport Removal Team Ltd

13110927

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

14 ELAN CLOSE, NEWPORT, NP20 7BR
Incorporated 04/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49420
Removal services

Officers

Mr Joshua Vincent Borg

director · Since 15/03/2021

DIRECTOR

BRITISH · WALES · Age 31

Also on 4 other boards

Persons with Significant Control

Mr Joshua Vincent Borg

75–100% shares
75–100% votes
Appoint directors

British · Wales · Age 31

14, Elan Close, Newport, NP20 7BR

Notified 15/03/2021

Former PSCs

Mr Kyle Shaun Mabe

Ceased 15/03/2021

CompanyRankvs 1341+ SIC 49420 peers
60

Financial strength83th percentile among SIC peers · 21/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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1341Newport Removal Team Ltd
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How is this score calculated?
Financial strength21/25 pts

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

Employees13/15 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.

Longevity5/15 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 31/01/2025

Net Worth

£25k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£12k

Current Liabilities

£13k

Fixed Assets

£26k

5avg. employees+2

Tax at Year End

VAT£13k

Director Loans

Company owes directors£10k

Balance Sheet

Assets less current liabilities£25k
Signed by Mr Joshua Borg 19/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.87+£16k£259k
20241.00+£5k—
2023—+£106—

Derived from filed accounts. Not audited figures.