Back to search

Newable Ontario Limited

14961993

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

UNIT J, LEEDS, LS27 7JZ
Incorporated 26/06/2023

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 25/06/2025

Due 09/07/2026

On track

Industry

64999
Other financial service activities
70100
Activities of head offices

Officers

Miss Lindsey Ann Booth

director · Since 10/07/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 6 other boards

Mr George Danzey-Smith

director · Since 10/07/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 5 other boards

Mr Neil Malcolm Weeks

director · Since 10/07/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 5 other boards

Persons with Significant Control

Seahouses Bidco Limited

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

Unit J, Gildersome Spur, Leeds, LS27 7JZ

Notified 08/11/2025

Former PSCs

Newable Capital Limited

Ceased 08/11/2025

Charges2 outstanding

Charge
outstanding

LDC (MANAGERS) LIMITED AS SECURITY TRUSTEE

Created 08/11/2025Registered 11/11/2025
Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS VIRGIN MONEY)

Created 08/11/2025Registered 11/11/2025
Charge
satisfied

ALTER DOMUS TRUSTEES (UK) LIMITED (AS SECURITY AGENT)

Created 10/07/2023Registered 14/07/2023Satisfied 25/11/2025

CompanyRankvs 24218+ SIC 64999 peers
0

Financial strength0th percentile among SIC peers · 0/25
Employees16th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength0/25 pts

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

Employees2/15 pts

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

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/03/2025

Net Worth

-£3.7M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£3.3M

Bottom line earnings

Net Current Assets

£3.5M

Working capital

Current Assets

Current Liabilities

£4.3M

Debtors

£7.8M

Admin Expenses

£84k

Operating Profit

-£84k

Profit After Tax

-£2.5M

0avg. employees

Balance Sheet

Bank loans & overdrafts£13.0M
Assets less current liabilities£23.1M
Prepared with IRIS Accounts Production