NEWITTS OF YORK LIMITED
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Cash
£2.2M
-30.4% vs 2024
Net assets
£10M
+10.4% highest in 6 filed years
Employees
33
0% vs 2024
Profit before tax
£1.2M
-30.6% lowest in 3 filed years
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £18,005,121 | £19,767,137 | £19,015,733 | -3.8% | |
| Operating profit | — | — | — | £2,090,990 | £1,704,274 | £1,153,045 | -32.3% | |
| Profit before tax | — | — | — | £2,090,389 | £1,734,483 | £1,204,276 | -30.6% | |
| Net profit | — | £444,883 | £82,977 | £1,581,336 | £1,297,335 | £953,505 | -26.5% | |
| Cash | £4,002 | £22,591 | £71,384 | £3,419,408 | £3,147,628 | £2,192,197 | -30.4% | |
| Total assets less current liabilities | £1,422,785 | £3,087,668 | — | £9,325,522 | £10,539,621 | £10,148,526 | -3.7% | |
| Net assets | £1,422,785 | £1,467,668 | £1,550,645 | £7,849,338 | £9,146,673 | £10,100,178 | +10.4% | |
| Equity | £1,422,785 | £1,467,668 | £1,550,645 | £7,849,338 | £9,146,673 | £10,100,178 | +10.4% | |
| Average employees | 4 | 4 | 4 | 33 | 33 | 33 | 0% | |
| Wages | — | £0 | £0 | £1,263,628 | £1,358,805 | £1,895,840 | +39.5% | |
| Directors' remuneration | — | — | — | £434,166 | £421,584 | £846,584 | +100.8% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 11.6% | 8.6% | 6.1% | |
| Net margin | — | — | — | 8.8% | 6.6% | 5.0% | |
| Return on capital employed | — | — | — | 22.4% | 16.2% | 11.4% | |
| Gearing (liabilities / total assets) | — | — | — | — | 26.5% | 16.3% | |
| Current ratio | — | — | — | 4.10x | 4.40x | 0.00x | |
| Interest cover | — | — | — | 34.47x | 28.30x | 39.65x |
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.
Name history
Renamed 1 time since incorporation
- NEWITTS OF YORK LIMITED 2010-07-26 → present
- FRANKNICK LIMITED 2010-06-01 → 2010-07-26
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Sowerby
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have reasonable expectations that the group has adequate resources to continue in operational existence for the foreseeable future. The directors have considered a period in excess of twelve months from the date of approval of signing these financial statements in making this assessment.”
Group structure
- NEWITTS OF YORK LIMITED · parent
- Newitt & Co Limited 100%
Significant events
- “The group has continued to invest in key management personnel, capital assets and revisions to the long term strategy. The directors feel this investment and strategic planning has already shown great promise and envisage continued improvements to long-term stability, resilience and profitability.”
- “There are a considerable number of sporting events taking place in 2026, with the expanded 48 team World Cup in the USA and 2027 Olympics. These are the main events the business will concentrate on.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NEWITT, Frank Swiers | Director | 2010-06-01 | Jun 1963 | British |
| NEWITT, Lisa Joanne | Director | 2010-07-12 | Jan 1970 | English |
| NEWITT, Nicholas John | Director | 2010-06-01 | Mar 1965 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NEWITT, Joanna Mary | Director | 2010-06-01 | 2023-01-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Nicholas John Newitt | Individual | Shares 25–50% | 2017-01-01 | Active |
| Mr Frank Swiers Newitt | Individual | Shares 25–50% | 2017-01-01 | Active |
Filing timeline
Last 20 of 45 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-09 | AA | accounts | Accounts with accounts type group | |
| 2026-03-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-23 | AA | accounts | Accounts with accounts type group | |
| 2025-03-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-27 | AA | accounts | Accounts with accounts type group | |
| 2024-03-27 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-03-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-06-19 | AA | accounts | Accounts with accounts type group | |
| 2023-06-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-10 | TM01 | officers | Termination director company with name termination date | |
| 2022-05-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-03 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-06-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-06-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-06-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-05-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-04-14 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-10-06 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-06-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-06-03 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.