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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-09-14 (in 4mo)

Last made up 2025-08-31

Watchouts

None on the register

Cash

£2K

-37.3% vs 2024

Net assets

-£2M

-20.4% lowest in 3 filed years

Employees

8

Average over period

Profit before tax

-£313K

-83.8% vs 2024

Accounts

5-year trend · latest reflected 2025-03-31

Metric Trend 2022-04-012023-03-312023-04-012024-03-312025-03-31
Turnover £2,718,275
Operating profit -£12,349-£14,314
Profit before tax -£170,488-£313,324
Net profit £98,267-£337,889-£313,324
Cash £1,254£2,407£1,508
Total assets less current liabilities -£1,759,869-£1,532,441-£1,845,765
Net assets -£1,759,869-£1,532,441-£1,845,765
Equity -£1,858,136-£1,759,869-£1,194,552-£1,532,441-£1,845,765
Average employees 008
Wages £1,816,437
Directors' remuneration

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

Year-on-year

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2022-04-012023-03-312023-04-012024-03-312025-03-31
Operating margin -0.5%
Net margin -11.5%
Return on capital employed 0.8%0.8%
Current ratio 0.59x0.55x
Interest cover -0.03x-0.03x

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

  1. NW1 CAPITAL MANAGEMENT LIMITED 2023-06-23 → present
  2. NEWINCCO 1407 LIMITED 2016-07-20 → 2023-06-23

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
Menzies LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Company has received a letter of financial support from its ultimate parent undertaking, Cortx Holdings Limited, which provides the Company with financial support for the period to 30 September 2026. At the time of approving the financial statements, the directors have a reasonable expectation that Cortx Holdings Limited has adequate resources to continue in operational existence for the foreseeable future. This is based on an assessment of Cortx Holdings Limited's forecast cash flows which covers the period to 30 September 2026.”

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

People

2 active · 0 resigned

Name Role Appointed Born Nationality
GOSWELL, Paul Jonathan Director 2017-10-19 Jul 1964 British
RITBLAT, James William Jeremy Director 2016-07-20 Feb 1967 British

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Nw1 Partners Uk Llp Corporate entity Shares 75–100% 2020-06-29 Active
Newincco 1404 Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-07-20 Ceased 2020-06-29

Filing timeline

Last 20 of 30 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2023-06-23 CERTNM Certificate change of name company PDF
Date Type Category Description
2025-10-02 AA accounts Accounts with accounts type full PDF
2025-09-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-12-13 AA accounts Accounts with accounts type small PDF
2024-09-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-01-05 AA accounts Accounts with accounts type small
2023-09-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-26 PSC05 persons-with-significant-control Change to a person with significant control PDF
2023-06-26 CH01 officers Change person director company with change date PDF
2023-06-26 CH01 officers Change person director company with change date PDF
2023-06-26 AD01 address Change registered office address company with date old address new address PDF
2023-06-23 CERTNM change-of-name Certificate change of name company PDF
2023-01-07 AA accounts Accounts with accounts type small
2022-09-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-11-12 AA accounts Accounts with accounts type small
2021-09-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-01-07 AA accounts Accounts with accounts type small
2020-08-26 CS01 confirmation-statement Confirmation statement with updates PDF
2020-07-21 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2020-07-14 PSC05 persons-with-significant-control Change to a person with significant control PDF
2020-07-14 PSC02 persons-with-significant-control Notification of a person with significant control PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page