Newseal Finance Limited in Cleckheaton, BD19 4LN

Description

Data updated on: 01-11-2023

Newseal Finance has been operating in this business for at least 13 years. Started under no. 07742010, it is considered a Private Limited Company. You may visit the office of this firm during business hours under the following location: Scandinavia Mills Hunsworth Lane, BD19 4LN Cleckheaton. The enterprise's Standard Industrial Classification Code is 64202 which means Activities of production holding companies. Newseal Finance Ltd filed its account information for the financial year up to 2022-12-31. The firm's most recent confirmation statement was submitted on 2023-08-16.

At present, there is only a single managing director in the company: Mark H. (since 23rd December 2014). Since 23rd December 2014 Gerardus M., had been fulfilling assigned duties for this specific business up until the resignation 2 years ago. In addition a different director, namely Remi T. gave up the position ten years ago. To support the directors in their duties, this particular business has been utilizing the skills of Michael B. as a secretary since the appointment on 18th December 2017.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	291	265	232	232
Net Assets Liabilities	-3 137 259	-3 258 016	-3 380 541	-3 610 695

Other Financial Data
Administrative Expenses	93	26	33
Amounts Owed To Group Undertakings	4 616	4 669	4 716	4 831
Applicable Tax Rate	19	19	19	19
Comprehensive Income Expense	-126 052	-120 757	-122 525	-230 154
Creditors	4 616	4 669	4 716	4 831
Interest Expense		120 731	122 492	230 154
Interest Payable Similar Charges Finance Costs	125 959	120 731	122 492	230 154
Investments Fixed Assets	1 856 729	1 856 729	1 856 729	1 856 729
Investments In Group Undertakings	1 856 729	1 856 729	1 856 729	1 856 729
Net Assets Liabilities Subsidiaries	-1 106	-639
Net Current Assets Liabilities	-4 989 372	-5 110 076	-5 232 554	-5 462 593
Number Shares Issued Fully Paid		1 750 001	1 750 001	1 750 001
Operating Profit Loss	-93	-26	-33
Par Value Share		1	1	1
Percentage Class Share Held In Subsidiary		10	10	10
Profit Loss	-126 052	-120 757	-122 525	-230 154
Profit Loss On Ordinary Activities Before Tax	-126 052	-120 757	-122 525	-230 154
Profit Loss Subsidiaries	-20 046	-410
Tax Expense Credit Applicable Tax Rate	-23 950	-22 944	-23 280	-43 729
Tax Increase Decrease Arising From Group Relief Tax Reconciliation	23 937	22 934	23 271	43 707
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	13	10	9	22
Total Assets Less Current Liabilities	-3 132 643	-3 253 347	-3 375 825	-3 605 864