−£32k
−114%vs Mar 2024ActiveSC109386Private limited companyGlasgow
NEWGATE TECHNOLOGY LIMITED
E21/10001
Summary
NEWGATE TECHNOLOGY LIMITED is an active private limited company (company number SC109386) incorporated on 22 February 1988, registered in Glasgow. Its registered activity is other information technology service activities (SIC 62090). Latest small accounts cover the period ending 31 October 2024, showing net assets of −£32k and cash of £260k, with 15 employees on average. Net assets fell 114% on the prior period (£225k).
Peer position · net assets
By net assets it sits in the bottom quarter of 457 comparable companies in Glasgow (median £1,348, upper quartile £27k).
02
Key dates
- Incorporated
- 22 February 198838 yrs ago
- Next accounts due
- 31 July 202683 days overdue
- Confirmation statement due
- 8 March 2027in 137 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 62090
- Other information technology service activities
- Accounts type
- Small
- Size band
- MicroCompanies Act thresholds
04
Financials
£260k
+48%vs Mar 2024Not reported
15
−32%vs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 October 2024 | −£32k | £260k | £186k | £513k | — | — | 15 |
| 31 March 2024 | £225k | £175k | £401k | £425k | — | — | 22 |
Current ratio0.93Current liabilities exceed current assets
Cash per employee£17kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
21 / 100 · grade E
| 50 | Starting scoreEvery scored company starts here |
| −15 | Negative net assetsNet assets £-32,066 at 2024-10-31 |
| −8 | Net assets falling-114.3% vs prior period |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.93 |
| +4 | Cash reservesCash £259,732 |
| +8 | EstablishedIncorporated 1988-02-22 (39 years) |
| −10 | Accounts overdueDue 2026-07-31 |
| 21 | Score, grade E |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Athera Healthcare Limited
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
- Mr Robert James Watson
- owns 75–100% of shares
- holds 75–100% of voting rights
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 137 days
- Next accounts due83 days overdue
- Accounts period endNet liabilities £32k · small accounts
- Accounts period endNet assets £225k · small accounts
- Incorporated
08
Similar companies in Glasgow
- LEIDOS INNOVATIONS UK LTDGlasgow · inc. Jul 1988
- NVT GROUP LIMITEDGlasgow · inc. Sept 1988
- CYTRON RESEARCH LIMITEDinc. Mar 1989
- SYSTEMS AND NETWORKS LIMITEDGlasgow · inc. Jul 1989
- EXCOM SYSTEMS LTD.Glasgow · inc. Mar 1991
- CASTLE COMPUTER SERVICES LTD.Bellshill · inc. Nov 1982
All companies incorporated on 22 February 1988 · in Feb 1988.
09
Reminders for NEWGATE TECHNOLOGY LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.