Newco 123 Ltd
13622477
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/09/2025
micro entity
Next accounts due
30/06/2027
Confirmation statement
Last: 14/09/2025
Due 28/09/2026
Industry
Officers
Persons with Significant Control
Paul Michael Griffin
British · England · Age 62
123, Wentworth Road, Birmingham, B17 9SU
Notified 15/09/2021
CompanyRankvs 4992+ SIC 70100 peers64
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2025
Turnover
£47k
Annual revenue
Net Worth
£140k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£140k
Working capital
Current Assets
£164k
Current Liabilities
£24k
Fixed Assets
£100
Profit After Tax
£32k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 6.89 | +£0 |
| 2025 | 6.89 | +£32k |
| 2024 | 5.83 | +£45k |
| 2023 | 4.02 | +£39k |
| 2022 | 3.26 | — |
Derived from filed accounts. Not audited figures.