NEWLONBUILD LIMITED

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

  -58.4%

  £19,064,354 → £7,927,393

  lowest in 3 filed years

• Cash

  +241.5%

  £167,948 → £573,496

• Net assets

  -99.7%

  £442,516 → £1,228

  lowest in 3 filed years

• Employees

  —

  Not reported

• Profit before tax

  -24.7%

  -£353,758 → -£441,288

  lowest in 3 filed years

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 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors consider that there are no material uncertainties about the company's ability to continue as a going concern. The financial statements are prepared on the basis that NewlonBuild will continue for the forthcoming 12 months from the date of signing of these financial statements. The annual budget for 2025/26 was issued and approved by the Directors. The Budget was subjected to various adverse scenarios. This work, along with the consideration of the mitigation plans and good level of liquidity, provides evidence in support of the going concern. For this reason NewlonBuild continues to adopt the going concern basis in preparation of the financial statements.”

Group structure

1. NEWLONBUILD LIMITED · parent
   1. DR4 Developments LLP 0.5% · England · Development company
   2. Belmont Street JV LLP 0.5% · England · Development company
   3. Barnsbury 1 LLP 0.5% · England · Development company
   4. Barnsbury 2 LLP 0.5% · England · Development company
   5. Barnsbury 3 LLP 0.5% · England · Development company

Significant events

• “The development of the site completed in October 2024. We expect all units to be sold in the 2026/27 financial year.”
• “Further delays in commencement of the early phase of the project has been due to the newly introduced Building Safety Gateway 2 requirements. Working with our LLP partners, we are confident that we can now adapt our programme to meet new requirements and get the project underway in the 2025/26 financial year.”
• “The decline in profit compared to the previous financial year is due to an increase in interest costs associated with current joint ventures as well as costs to fund a completed joint venture during the defects period and exit of the LLP.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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