NEWAYS ASSOCIATES LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +69.1%

  £6,672,417 → £11,283,799

• Cash

  -99.7%

  £380,567 → £1,062

• Net assets

  -103.6%

  £1,176,887 → -£41,856

• Employees

  +7.8%

  77 → 83

• Operating profit

  -469.7%

  -£208,286 → -£1,186,597

• Profit before tax

  -115.1%

  -£573,465 → -£1,233,509

• Wages

  +24.6%

  £2,463,984 → £3,070,833

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Armstrong Watson Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least 12 months from the date of approval of these financial statements. The parent company's assessment of going concern and the current trading environment for the company and their forecast for 2025 and future periods. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. NEWAYS ASSOCIATES LIMITED · parent
   1. F.S.H. (Holdings) Limited 100% · UK
   2. F.S.H. (Group) Limited 100% · UK
   3. Highley's of Yorkshire Limited 100% · UK

Significant events

• “On 31 March 2025, Neways Associates Limited acquired the business and trading assets of F.S.H. (Group) Limited.”
• “On 10 April 2025, Neways Associates Limited acquired the shares in Highley's of Yorkshire Limited from F.S.H Holdings Limited.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.