Newotion It Solutions Ltd
14885767
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/08/2023
DIRECTOR
INDIAN · UNITED KINGDOM · Age 35
Also on 1 other board
director · Since 04/09/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 67
Also on 3 other boards
director · Since 01/05/2024
SOFTWARE PROFESSIONAL
INDIAN · UNITED KINGDOM · Age 43
Also on 1 other board
Persons with Significant Control
Mr Ananth Thangaraj
Indian · United Kingdom · Age 43
43, Burnham Road, Coventry, CV3 4BU
Notified 29/08/2023
Former PSCs
Mr Ananth Thangaraj
Ceased 29/08/2023
Harini Ananth
Ceased 07/08/2023
CompanyRankvs 45674+ SIC 62012 peers32
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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 31/05/2025
Net Worth
-£128k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£128k
Working capital
Current Assets
£7k
Current Liabilities
£135k
Fixed Assets
£187
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.05 | -£97k |
| 2024 | 0.33 | — |
Derived from filed accounts. Not audited figures.