Back to search

Newspics Ltd

13241039

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 DAVEYHULME CIRCLE, MANCHESTER, M41 0SS
Incorporated 03/03/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Hemangkumar Shah

director · Since 03/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Mr Hemangkumar Shah

75–100% shares
75–100% votes

British · England · Age 43

14, Daveyhulme Circle, Manchester, M41 0SS

Notified 03/03/2021

Former PSCs

Mrs Rima Shah

Ceased 22/09/2025

CompanyRankvs 8145+ SIC 47190 peers
55

Financial strength37th percentile among SIC peers · 9/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 7.96× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength9/25 pts

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

Employees6/15 pts

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

Liquidity20/20 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 28/02/2025

Net Worth

£14

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£26k

Working capital

Current Assets

£29k

Current Liabilities

£4k

Fixed Assets

£497

Debtors

£9k

1avg. employees

Balance Sheet

Bank loans & overdrafts£13k
Assets less current liabilities£26k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20257.96
20248.72
202313.40
20228.55

Derived from filed accounts. Not audited figures.