Company Overview
Newtco123 Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 19 December 2019. Newtco123 Limited has been in business for 6 years and 3 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Unit 1, Ground Floor Millbank House, Bollin Walk, Wilmslow, SK9 1BJ
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Companies House Data
Company NameNEWTCO123 LIMITED
Company Number12371487
Registered Office AddressUnit 1, Ground Floor Millbank House
 Bollin Walk
 SK9 1BJ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date19/12/2019
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date16/01/2021
Directors & Members
Show Resigned
Paul Naden - Director
(British, 57 years old, born March 1969)
Appointed 19 December 2019
Active
Max Naden - Director
(British, 28 years old, born September 1998)
Appointed 15 November 2023
Active
Secretaries
Louisa Harrison - Secretary
Appointed 15 November 2023
Active
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 0 0 0
Current Assets 314,794 314,794 267,728
Creditors Due Within One Year 229,909 229,909 146,705
Working Cap 84,885 84,885 121,023
Total Assets Less Current Liabilities 84,885 84,885 121,023
Long-term Liabilities 46,611 46,611 50,667
Net Assets 38,274 38,274 70,356
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 38,274 38,274 70,356
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors 97.8% 97.8% 97.3%
Cash Bank In Hand 2.2% 2.2% 2.7%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 73.0% 73.0% 54.8%
Net Current Assets Liabilities 27.0% 27.0% 45.2%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 12.2% 12.2% 26.3%
Capital Employed - - -
Total Assets Less Current Liabilities 27.0% 27.0% 45.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 1.4 1.4 1.8
Solvency Ratio 1.1 1.1 1.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Dec-2022 31-Dec-2021
Assets 314,794 314,794 267,728
Debt 276,520 276,520 197,372
Net Assets/Debt 38,274 38,274 70,356

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 1 June 2025 with updates
Change of details for Mr Paul Naden as a person with significant control on 3 June 2025
Director's details changed for Mr Paul Naden on 3 June 2025
Director's details changed for Mr Max Joel Naden on 3 June 2025
Statement of capital following an allotment of shares on 11 June 2024
Registered office address changed from Suite 12 Silk House Park Green Macclesfield Cheshire SK11 7QJ England to Unit 1, Ground Floor Millbank House Bollin Walk Wilmslow SK9 1BJ on 22 January 2025
Memorandum and Articles of Association
Resolutions
Change of share class name or designation
Previous accounting period extended from 31 December 2023 to 31 March 2024
Confirmation statement made on 1 June 2024 with updates
Amended total exemption full accounts made up to 31 December 2022
Appointment of Louisa Harrison as a secretary on 15 November 2023
Appointment of Mr Max Joel Naden as a director on 15 November 2023
Confirmation statement made on 1 June 2023 with updates
Change of details for Mr Paul Naden as a person with significant control on 4 May 2023
Cessation of Lee Hill as a person with significant control on 4 May 2023
Termination of appointment of Lee Hill as a director on 4 May 2023
Confirmation statement made on 18 December 2022 with no updates
Registered office address changed from P O Box 699 12 Portmarnock Close Macclesfield Cheshire SK10 9AP England to Suite 12 Silk House Park Green Macclesfield Cheshire SK11 7QJ on 15 September 2022
Confirmation statement made on 18 December 2021 with no updates

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