NEWTURN DEVELOPMENTS LIMITED

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Executive Summary

Newturn Developments Limited has demonstrated a positive turnaround in financial position with improved liquidity and net assets in its latest year. However, significant related party borrowing and high gearing present risks that require close monitoring. Conditional approval is recommended, contingent upon regular review of cash flows and debt servicing capacity.

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Who controls this company?

Newby Group Ltd

Correspondence address
Unit 4 City Limits, Danehill, Reading, England, RG6 4UP
Notified on
2020-10-16
Governing law
Companies Act 2006
Legal form
Private Company Limited By Shares
Place registered
Uk Register Of Companies
Registration number
12939987
Nature of control
Owns between 25% and 50% of the company's shares
Has between 25% and 50% of the voting rights in the company

Newby Group Ltd

Correspondence address
The Regent, Chapel Street, Penzance, England, TR18 4AE
Notified on
2020-10-16
Governing law
Companies Act 2006
Legal form
Private Company Limited By Shares
Place registered
Uk Register Of Companies
Registration number
12939987
Nature of control
Owns between 25% and 50% of the company's shares
Has between 25% and 50% of the voting rights in the company

Provide Sess Limited

Correspondence address
87, Southampton Street, Reading, England, RG1 2QU
Notified on
2020-10-16
Governing law
Companies Act 2006
Legal form
Private Company Limited By Shares
Place registered
Uk Register Of Companies
Registration number
06677841
Nature of control
Owns between 25% and 50% of the company's shares
Has between 25% and 50% of the voting rights in the company

Watermans Group Limited

Correspondence address
Unit 4 City Limits, Danehill, Reading, United Kingdom, RG6 4UP
Notified on
2020-10-17
Governing law
Companies House
Legal form
Limited Company
Place registered
England & Wales
Registration number
11674365
Nature of control
Owns between 25% and 50% of the company's shares
Has between 25% and 50% of the voting rights in the company

Provide Sess Limited

HISTORIC INFORMATION
Ceased on
2020-10-17
Correspondence address
87, Southampton Street, Reading, England, RG1 2QU
Notified on
2020-10-16
Governing law
Companies Act 2006
Legal form
Private Company Limited By Shares
Place registered
Uk Register Of Companies
Registration number
06677841
Nature of control
Owns between 25% and 50% of the company's shares
Has between 25% and 50% of the voting rights in the company
More Company Information
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