Newsteam Group Ltd. in Stoke-on-trent, ST4 7AA

Description

Data updated on: 01-11-2023

Newsteam Group Ltd. with Companies House Reg No. 09340207 has been operating on the market for ten years. The Private Limited Company can be reached at Cauldon Locks, Shelton New Road in Stoke-on-trent and company's area code is ST4 7AA. Its name is Newsteam Group Ltd.. The company's previous customers may know the company as The North West Newspaper Delivery Company, which was in use until 2015/02/02. The company's Standard Industrial Classification Code is 63910 which stands for News agency activities. Saturday 31st December 2022 is the last time the accounts were filed.

Having 27 job advert since October 15, 2015, the company has been one of the most active enterprise on the job market. Recently, it was recruiting new workers in Nottingham, Waltham Cross and Sittingbourne. They often employ workers on a part time basis under Sub-contracting mode. As of yet, they have sought applicants for the delivery driver positions.

Currently, the directors chosen by this particular company are: Neil J. selected to lead the company in 2022, Paul G. selected to lead the company on 2021/04/05, Simon W. selected to lead the company in 2020 and Jonathan K..

Previous company's names
Newsteam Group Ltd. 2015-02-02
The North West Newspaper Delivery Company Ltd. 2014-12-03

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2021-01-02	2022-01-01
Currency
Net Worth	-215 301

Balance Sheet
Cash Bank On Hand	34 164	126 879	60 103	81 967	1 251 522	551 877
Current Assets	139 388	403 720	748 774	1 003 545	4 887 600	6 772 704
Debtors	85 884	292 260	676 661	909 568	3 626 484	6 201 265
Net Assets Liabilities		-1 285 543	-1 967 228	-2 637 446	-2 436 338	-3 140 653
Other Debtors	30 585	33 841	23 144	28 200	32 605	365 106
Property Plant Equipment	13 554	10 208	7 524	4 262	10 128	30 725
Total Inventories	19 340	19 340	12 010	12 010	9 594	19 562
Cash Bank In Hand	34 164
Intangible Fixed Assets	52 367
Stocks Inventory	19 340
Tangible Fixed Assets	13 554

Capital & Reserves
Called Up Share Capital	103
Profit Loss Account Reserve	-215 404
Shareholder Funds	-215 301

Other Financial Data
Audit Fees Expenses					16 450	18 000
Fees For Non-audit Services					4 900
Accrued Liabilities Deferred Income					403 174	1 397 051
Accumulated Amortisation Impairment Intangible Assets	4 634	15 162	57 195	90 045	208 941	290 283
Accumulated Depreciation Impairment Property Plant Equipment	1 190	6 104	7 949	11 211	12 271	17 956
Additions Other Than Through Business Combinations Property Plant Equipment						28 782
Administrative Expenses					3 673 250	4 544 478
Amortisation Expense Intangible Assets					68 917	81 342
Applicable Tax Rate					19	19
Average Number Employees During Period					91	189
Bank Borrowings					50 000	10 000
Bank Borrowings Overdrafts	10 783	1 756			2 892 500	10 000
Capital Reduction Decrease In Equity			3
Comprehensive Income Expense					344 454	-704 315
Cost Sales					25 472 685	37 947 272
Creditors	123 610	1 201 500	1 907 500	2 415 500	4 672 968	7 405 354
Depreciation Expense Property Plant Equipment					904	6 623
Dividends Paid On Shares			95 374
Finished Goods Goods For Resale					9 594	19 562
Fixed Assets	65 921		102 898	99 727	241 530	368 664
Future Minimum Lease Payments Under Non-cancellable Operating Leases					9 123	8 280
Gain Loss On Disposals Property Plant Equipment						2 208
Gross Profit Loss					3 997 704	3 838 609
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation					1 109 706	-699 645
Increase Decrease In Current Tax From Adjustment For Prior Periods					-1 361	790
Increase From Amortisation Charge For Year Intangible Assets		10 528	30 514	32 850		81 342
Increase From Depreciation Charge For Year Property Plant Equipment		4 914	3 413	3 262		6 623
Intangible Assets	52 367	125 888	95 374	95 465	231 402	337 939
Intangible Assets Gross Cost	57 001	152 569	152 569	185 510	440 343	628 222
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings						690
Interest Paid Classified As Operating Activities						690
Interest Payable Similar Charges Finance Costs						690
Interest Received Classified As Operating Activities						36
Issue Equity Instruments			500 000
Key Management Personnel Compensation Total					297 377	423 991
Net Cash Flows From Used In Financing Activities					50 000	-5 833
Net Cash Flows From Used In Investing Activities					-141 646	-212 891
Net Cash Flows From Used In Operating Activities					1 201 352	-480 921
Net Cash Generated From Operations					1 201 352	-480 267
Net Current Assets Liabilities	15 778	-220 139	-162 626	-321 673	214 632	-632 650
Nominal Value Allotted Share Capital					10 100	10 100
Number Shares Issued Fully Paid		1	1 010 000			1 010 000
Operating Profit Loss					344 454	-705 869
Other Creditors	297 000	1 201 500	1 907 500	2 415 500	267 394	282 064
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment						938
Other Disposals Property Plant Equipment						2 500
Other Interest Receivable Similar Income Finance Income						36
Other Operating Income Format1					20 000
Other Taxation Social Security Payable	51 211	267 836	71 227	100 642	303 574	72 096
Par Value Share	1	1	1			0
Pension Other Post-employment Benefit Costs Other Pension Costs					34 628	48 414
Prepayments Accrued Income					47 410	123 317
Proceeds From Borrowings Classified As Financing Activities					50 000
Proceeds From Sales Property Plant Equipment						3 770
Profit Loss		-1 070 242	-1 181 682	-670 218	344 454	-704 315
Profit Loss On Ordinary Activities Before Tax					344 454	-704 315
Property Plant Equipment Gross Cost	14 744	14 744	15 473		22 399	48 681
Purchase Intangible Assets					134 720	187 879
Purchase Property Plant Equipment					6 926	28 782
Repayments Borrowings Classified As Financing Activities						5 833
Revenue From Sale Goods					29 470 389	41 785 881
Social Security Costs					168 893	226 016
Staff Costs Employee Benefits Expense					2 271 050	2 935 625
Tax Decrease From Utilisation Tax Losses					76 137
Tax Expense Credit Applicable Tax Rate					65 446	-133 820
Tax Increase Decrease From Effect Capital Allowances Depreciation					11 712	11 320
Tax Increase Decrease From Effect Expenses Not Deductible For Tax Purposes Other Than Goodwill Amortisation Impairment					340	612
Total Additions Including From Business Combinations Intangible Assets						187 879
Total Additions Including From Business Combinations Property Plant Equipment			729
Total Assets Less Current Liabilities	81 699	-84 043	-59 728	-221 946	456 162	-263 986
Total Operating Lease Payments					25 878	8 280
Trade Creditors Trade Payables		240 999	595 570	912 015	3 698 826	5 644 143
Trade Debtors Trade Receivables	55 299	258 419	653 517	881 368	3 546 370	5 712 743
Turnover Revenue					29 470 389	41 785 881
Wages Salaries					2 067 529	2 661 195
Company Contributions To Money Purchase Plans Directors					3 941	3 514
Director Remuneration					227 732	320 209
Director Remuneration Benefits Including Payments To Third Parties					282 073	323 723
Further Item Director Remuneration Benefits Component Total Director Remuneration Benefits Excluding Payments To Third Parties					50 400
Number Directors Accruing Benefits Under Money Purchase Scheme					3	4
Creditors Due After One Year	297 000
Creditors Due Within One Year	123 610
Intangible Fixed Assets Additions	57 001
Intangible Fixed Assets Aggregate Amortisation Impairment	4 634
Intangible Fixed Assets Amortisation Charged In Period	4 634
Intangible Fixed Assets Cost Or Valuation	57 001
Number Shares Allotted	1
Share Capital Allotted Called Up Paid	1
Tangible Fixed Assets Additions	14 744
Tangible Fixed Assets Cost Or Valuation	14 744
Tangible Fixed Assets Depreciation	1 190
Tangible Fixed Assets Depreciation Charged In Period	1 190