# NEWSPLUS RETAIL LTD (SC707029)

> NEWSPLUS RETAIL LTD is an active private limited company (company number SC707029) incorporated on 18 August 2021, registered in Glasgow. Its registered activity is non-specialised wholesale of food, beverages and tobacco (SIC 46390). Latest abridged accounts cover the period ending 31 March 2025, showing net assets of £159k and cash of £274k, with 14 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 458% on the prior period (£29k).

- Status: Active
- Incorporated: 2021-08-18
- Registered office: Glasgow, G1 3PL
- SIC 46390: Non-specialised wholesale of food, beverages and tobacco
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-09-01
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the top quarter of 50 comparable companies in Glasgow (median £5,480, upper quartile £86k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £159k | £274k | £60k | £247k | — | — | 14 |
| 2024-03-31 | £29k | £114k | — | £140k | — | — | 8 |

current ratio 1.54; size band micro.

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

- Net assets above zero: Net assets £158,969 at 31 March 2025
- Net assets up 10% or more on the prior period: +457.6% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.54
- Cash at bank of £50,000 or more: Cash £274,477
- Incorporated five or more years ago: Incorporated 18 August 2021

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

## Persons with significant control

- Mr Mohammad Anwar Sheikh — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2021-08-18

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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/SC707029
HTML: https://firmoscan.com/company/SC707029-newsplus-retail-ltd