newshire ltd
newshire ltd Company Information
Company Number
04382090
Next Accounts
Nov 2025
Shareholders
mr yitzchok reichman
mr robert stern
View AllGroup Structure
View All
Industry
Buying and selling of own real estate
Registered Address
51 lampard grove, london, N16 6XA
Website
newshireinc.comnewshire ltd Estimated Valuation
Pomanda estimates the enterprise value of NEWSHIRE LTD at £20.1k based on a Turnover of £6.7k and 3.01x industry multiple (adjusted for size and gross margin).
newshire ltd Estimated Valuation
Pomanda estimates the enterprise value of NEWSHIRE LTD at £1.6m based on an EBITDA of £241.5k and a 6.46x industry multiple (adjusted for size and gross margin).
newshire ltd Estimated Valuation
Pomanda estimates the enterprise value of NEWSHIRE LTD at £1.7m based on Net Assets of £1.1m and 1.58x industry multiple (adjusted for liquidity).
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Newshire Ltd Overview
Newshire Ltd is a live company located in london, N16 6XA with a Companies House number of 04382090. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2002, it's largest shareholder is mr yitzchok reichman with a 50% stake. Newshire Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £6.7k with declining growth in recent years.
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Newshire Ltd Health Check
Pomanda's financial health check has awarded Newshire Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £6.7k, make it smaller than the average company (£799k)
- Newshire Ltd
£799k - Industry AVG
Growth
3 year (CAGR) sales growth of -67%, show it is growing at a slower rate (3%)
- Newshire Ltd
3% - Industry AVG
Production
with a gross margin of 69%, this company has a comparable cost of product (69%)
- Newshire Ltd
69% - Industry AVG
Profitability
an operating margin of 3615.6% make it more profitable than the average company (25%)
- Newshire Ltd
25% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Newshire Ltd
4 - Industry AVG
Pay Structure
on an average salary of £37.7k, the company has an equivalent pay structure (£37.7k)
- Newshire Ltd
£37.7k - Industry AVG
Efficiency
resulting in sales per employee of £6.7k, this is less efficient (£185k)
- Newshire Ltd
£185k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is near the average (26 days)
- Newshire Ltd
26 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Newshire Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Newshire Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Newshire Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.3%, this is a higher level of debt than the average (64.5%)
75.3% - Newshire Ltd
64.5% - Industry AVG
NEWSHIRE LTD financials
Newshire Ltd's latest turnover from February 2024 is estimated at £6.7 thousand and the company has net assets of £1.1 million. According to their latest financial statements, we estimate that Newshire Ltd has 1 employee and maintains cash reserves of £9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | |||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,965 | 4,665 | 5,488 | 6,457 | 7,596 | 9,495 | 7,066 | 8,313 | 1,657 | 1,950 | 1,916 | 666,726 | 667,124 | 662,592 | 663,143 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 3,343,046 | 3,322,246 | 3,217,705 | 1,989,672 | 1,849,157 | 1,790,582 | 1,790,582 | 1,790,582 | 1,471,902 | 711,765 | 797,805 | ||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 3,347,011 | 3,326,911 | 3,223,193 | 1,996,129 | 1,856,753 | 1,800,077 | 1,797,648 | 1,798,895 | 1,473,559 | 713,715 | 799,721 | 666,726 | 667,124 | 662,592 | 663,143 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 482 | 5,073 | 18,561 | ||||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 999,585 | 277,001 | 141,740 | 325,465 | |||||||||||
| Cash | 8,995 | 5,613 | 25,777 | 63,080 | 36,309 | 11,448 | 2,595 | 5,353 | 20,953 | 19,330 | 11,097 | 1,541 | 4,552 | 4,880 | 1,921 |
| misc current assets | |||||||||||||||
| total current assets | 1,009,062 | 287,687 | 44,338 | 204,820 | 36,309 | 336,913 | 2,595 | 5,353 | 20,953 | 19,330 | 11,097 | 1,541 | 4,552 | 4,880 | 1,921 |
| total assets | 4,356,073 | 3,614,598 | 3,267,531 | 2,200,949 | 1,893,062 | 2,136,990 | 1,800,243 | 1,804,248 | 1,494,512 | 733,045 | 810,818 | 668,267 | 671,676 | 667,472 | 665,064 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 323,609 | 399,019 | 273,853 | 283,354 | 293,124 | 299,982 | |||||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 1,351,622 | 624,763 | 697,263 | 504,048 | 213,192 | 441,356 | 373,943 | 342,251 | 254,337 | ||||||
| total current liabilities | 1,351,622 | 624,763 | 697,263 | 504,048 | 213,192 | 441,356 | 373,943 | 342,251 | 254,337 | 323,609 | 399,019 | 273,853 | 283,354 | 293,124 | 299,982 |
| loans | 1,919,120 | 1,919,120 | 1,523,989 | 766,444 | 757,693 | 771,833 | 503,640 | 524,185 | 1,159,917 | 322,212 | 325,199 | 328,077 | 330,851 | 333,525 | 336,102 |
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 10,688 | 15,011 | 19,770 | ||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 1,929,808 | 1,934,131 | 1,543,759 | 766,444 | 757,693 | 771,833 | 503,640 | 524,185 | 1,159,917 | 322,212 | 325,199 | 328,077 | 330,851 | 333,525 | 336,102 |
| total liabilities | 3,281,430 | 2,558,894 | 2,241,022 | 1,270,492 | 970,885 | 1,213,189 | 877,583 | 866,436 | 1,414,254 | 645,821 | 724,218 | 601,930 | 614,205 | 626,649 | 636,084 |
| net assets | 1,074,643 | 1,055,704 | 1,026,509 | 930,457 | 922,177 | 923,801 | 922,660 | 937,812 | 80,258 | 87,224 | 86,600 | 66,337 | 57,471 | 40,823 | 28,980 |
| total shareholders funds | 1,074,643 | 1,055,704 | 1,026,509 | 930,457 | 922,177 | 923,801 | 922,660 | 937,812 | 80,258 | 87,224 | 86,600 | 66,337 | 57,471 | 40,823 | 28,980 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 700 | 823 | 969 | 1,139 | 1,899 | 2,373 | 1,247 | 1,467 | 293 | 344 | 338 | 398 | 468 | 551 | 648 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 717,993 | 263,513 | -123,179 | 141,740 | -325,465 | 325,465 | |||||||||
| Creditors | -323,609 | -75,410 | 125,166 | -9,501 | -9,770 | -6,858 | 299,982 | ||||||||
| Accruals and Deferred Income | 726,859 | -72,500 | 193,215 | 290,856 | -228,164 | 67,413 | 31,692 | 87,914 | 254,337 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 20,800 | 104,541 | 1,228,033 | 140,515 | 58,575 | 318,680 | 760,137 | -86,040 | 797,805 | ||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 395,131 | 757,545 | 8,751 | -14,140 | 268,193 | -20,545 | -635,732 | 837,705 | -2,987 | -2,878 | -2,774 | -2,674 | -2,577 | 336,102 | |
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -4,323 | -4,759 | 19,770 | ||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 3,382 | -20,164 | -37,303 | 26,771 | 24,861 | 8,853 | -2,758 | -15,600 | 1,623 | 8,233 | 9,556 | -3,011 | -328 | 2,959 | 1,921 |
| overdraft | |||||||||||||||
| change in cash | 3,382 | -20,164 | -37,303 | 26,771 | 24,861 | 8,853 | -2,758 | -15,600 | 1,623 | 8,233 | 9,556 | -3,011 | -328 | 2,959 | 1,921 |
newshire ltd Credit Report and Business Information
Newshire Ltd Competitor Analysis
Perform a competitor analysis for newshire ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N16 area or any other competitors across 12 key performance metrics.
newshire ltd Ownership
NEWSHIRE LTD group structure
Newshire Ltd has no subsidiary companies.
Ultimate parent company
NEWSHIRE LTD
04382090
newshire ltd directors
Newshire Ltd currently has 3 directors. The longest serving directors include Mr Robert Stern (Apr 2002) and Mr Yitzchok Reichman (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Stern | 59 years | Apr 2002 | - | Director | |
| Mr Yitzchok Reichman | 47 years | Apr 2018 | - | Director | |
| Mr David Grunhut | 27 years | Dec 2023 | - | Director |
P&L
February 2024turnover
6.7k
-91%
operating profit
240.8k
0%
gross margin
69%
+0.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
1.1m
+0.02%
total assets
4.4m
+0.21%
cash
9k
+0.6%
net assets
Total assets minus all liabilities
newshire ltd company details
company number
04382090
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
February 2002
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
VENITT AND GREAVES
auditor
-
address
51 lampard grove, london, N16 6XA
Bank
-
Legal Advisor
-
newshire ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 17 charges/mortgages relating to newshire ltd. Currently there are 4 open charges and 13 have been satisfied in the past.
newshire ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for NEWSHIRE LTD. This can take several minutes, an email will notify you when this has completed.
newshire ltd Companies House Filings - See Documents
| date | description | view/download |
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