Adult Newco Ltd
16025250
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/10/2024
INTERIOR DESIGNER
BRITISH · UNITED KINGDOM · Age 36
Also on 4 other boards
director · Since 17/10/2024
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 7 other boards
director · Since 17/10/2024
PROJECT MANAGER
BRITISH · UNITED KINGDOM · Age 45
Also on 4 other boards
Persons with Significant Control
Dhanoa Newco Limited
Progress House, 127 Millfields Road, Wolverhampton, WV4 6JG
Reg: 15961379 · Companies House · Limited By Shares
Notified 15/11/2024
Former PSCs
Balwinder Dhanoa
Ceased 15/11/2024
Rajinder Dhanoa
Ceased 15/11/2024
CompanyRankvs 16937+ SIC 64209 peers50
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect
Key FinancialsYear ending 31/03/2025
Turnover
£6.0M
Annual revenue
Net Worth
£1.2M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
£517k
Bottom line earnings
Net Current Assets
-£4k
Working capital
Current Assets
£2.1M
Current Liabilities
£2.1M
Fixed Assets
£1.3M
Debtors
£1.0M
Cost of Sales
£4.0M
Gross Profit
£2.0M
Admin Expenses
£1.5M
Operating Profit
£517k
Profit After Tax
£332k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 1.00 |
Derived from filed accounts. Not audited figures.