# NEW LITE LTD (12202590)

> NEW LITE LTD is an active private limited company (company number 12202590) incorporated on 12 September 2019, registered in London. Its registered activity is taxi operation (SIC 49320). Latest micro accounts cover the period ending 31 March 2025, showing net assets of −£30k, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets were unchanged on the prior period.

- Status: Active
- Incorporated: 2019-09-12
- Registered office: London, EC1V 2NX
- SIC 49320: Taxi operation
- SIC 62020: Information technology consultancy activities
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-09-26
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 1,578 comparable companies in London (median £1,142, upper quartile £9,455).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£30k | — | — | £30k | — | — | 0 |
| 2024-03-31 | −£30k | — | — | £30k | — | — | 0 |

current ratio 0; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-29,508 at 31 March 2025
- Current assets below creditors within one year: Current ratio 0.0
- Incorporated five or more years ago: Incorporated 12 September 2019

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Olawale Olusegun Olofintuade — owns 75–100% of shares, since 2020-09-07

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12202590
HTML: https://firmoscan.com/company/12202590-new-lite-ltd