Newsteam Group started in year 2014 as Private Limited Company with registration number 09340207. The Newsteam Group company has been functioning successfully for ten years now and its status is active. The firm's office is based in Stoke-on-trent at Cauldon Locks. Postal code: ST4 7AA. Since Monday 2nd February 2015 Newsteam Group Ltd. is no longer carrying the name The North West Newspaper Delivery Company.
The company has 4 directors, namely Neil J., Paul G. and Simon W. and others. Of them, Jonathan K. has been with the company the longest, being appointed on 26 May 2017 and Neil J. has been with the company for the least time - from 1 June 2022. Currently there are several former directors listed by the company. Their names might be found in the list below. In addition, there is one former secretary - Catherine H. who worked with the the company until 31 December 2022.
| Office Address | Cauldon Locks |
| Office Address2 | Shelton New Road |
| Town | Stoke-on-trent |
| Post code | ST4 7AA |
| Country of origin | United Kingdom |
| Registration Number | 09340207 |
| Date of Incorporation | Wed, 3rd Dec 2014 |
| Industry | News agency activities |
| End of financial Year | 31st December |
| Company age | 10 years old |
| Account next due date | Mon, 30th Sep 2024 (154 days left) |
| Account last made up date | Sat, 31st Dec 2022 |
| Next confirmation statement due date | Sun, 17th Dec 2023 (2023-12-17) |
| Last confirmation statement dated | Sat, 3rd Dec 2022 |
Position: Director
Appointed: 01 June 2022
Position: Director
Appointed: 05 April 2021
Position: Director
Appointed: 01 November 2020
Position: Director
Appointed: 26 May 2017
The list of PSCs who own or have control over the company consists of 5 names. As BizStats discovered, there is Suonal Ltd from Paphos, Cyprus. The abovementioned PSC is categorised as "a limited liability company", has 75,01-100% voting rights and has 75,01-100% shares. The abovementioned PSC has 75,01-100% voting rights and has 75,01-100% shares. The second entity in the PSC register is Michael K. This PSC owns 75,01-100% shares and has 75,01-100% voting rights. The third one is Jeremy T., who also meets the Companies House criteria to be categorised as a person with significant control. This PSC .
Suonal Ltd
3rd Floor Onisiforou Centre, Neof. Nikolaides Avenue & Th. Kolokotroni Street, Paphos, 8011, Cyprus
| Legal authority | Cyprus Companies Law (Cap 113) |
| Legal form | Limited Liability Company |
| Country registered | Cyprus |
| Place registered | Cyprus Registrar Of Companies |
| Registration number | He451906 |
| Notified on | 22 December 2023 |
| Nature of control: |
75,01-100% shares 75,01-100% voting rights right to appoint and remove directors |
Michael K.
| Notified on | 31 March 2017 |
| Ceased on | 22 December 2023 |
| Nature of control: |
75,01-100% shares 75,01-100% voting rights right to appoint and remove directors |
Jeremy T.
| Notified on | 3 December 2016 |
| Ceased on | 31 October 2020 |
| Nature of control: |
right to appoint and remove directors |
Jonathan K.
| Notified on | 26 May 2017 |
| Ceased on | 27 May 2017 |
| Nature of control: |
right to appoint and remove directors |
Julie C.
| Notified on | 3 December 2016 |
| Ceased on | 4 December 2016 |
| Nature of control: |
right to appoint and remove directors |
| The North West Newspaper Delivery Company | February 2, 2015 |
| Profit & Loss | ||||||
|---|---|---|---|---|---|---|
| Accounts Information Date | 2015-12-31 | 2016-12-31 | 2017-12-31 | 2018-12-31 | 2021-01-02 | 2022-01-01 |
| 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 | |||||
| Reserves/Capital | ||||||
| Called Up Share Capital | 103 | |||||
| Profit Loss Account Reserve | -215 404 | |||||
| Shareholder Funds | -215 301 | |||||
| Other | ||||||
| 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 | |||||
| Type | Category | Free download | |
|---|---|---|---|
| CH01 |
On Sunday 31st December 2023 director's details were changed filed on: 5th, January 2024 |
officers | Free Download (2 pages) |
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