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Newspoint Arcade Ltd

15047755

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

8 ROYD WELLS, MIRFIELD, WF14 9TP
Incorporated 03/08/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47620
Retail sale of newspapers and stationery in specialised stores

Officers

Mr Aasim Adam

director · Since 03/08/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 31

Also on 2 other boards

Persons with Significant Control

Mr Aasim Adam

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

British · England · Age 31

8, Royd Wells, Mirfield, WF14 9TP

Notified 03/08/2023

CompanyRankvs 4197+ SIC 47110 peers
68

Financial strength90th percentile among SIC peers · 23/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 4.24× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees7/15 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.

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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

£119k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£115k

Working capital

Current Assets

£150k

Current Liabilities

£35k

Fixed Assets

£5k

3avg. employees

Balance Sheet

Assets less current liabilities£119k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20244.24

Derived from filed accounts. Not audited figures.