How much does New Century Finance & Leasing Limited make?

New Century Finance & Leasing Limited reported revenue of £621k and a loss of £4.8k in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does New Century Finance & Leasing Limited have?

New Century Finance & Leasing Limited reported an average of 0 employees in the year to 31 Mar 2023.

Is New Century Finance & Leasing Limited profitable?

No — New Century Finance & Leasing Limited reported a loss of £4.8k in the year to 31 Mar 2023.

Company No. 02877950 · Incorporated 6 Dec 1993

New Century Finance & Leasing Limited

Registered name: NEW CENTURY FINANCE & LEASING LIMITED

Part of Gresham House Limited group

New Century Finance & Leasing Limited made £621k revenue and a £4.8k loss in the year to 31 Mar 2023.

New Century Finance & Leasing Limited’s revenue was £621k in the year to 31 Mar 2023, with a loss of £4.8k and 0 employees. The company is classified under “other service activities” and is based in Cheltenham; we hold 2 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.

Status: Active
Location: Cheltenham, South West
Age: 32 yrs · since 1993
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Mar 2023

Key figures

Small team

Revenue

£621k

Growth —

Profit

−£4.8k

Growth —

Profit margin

−0.8%

Gross 0%

Employees

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£263k	£621k
Cost of sales	£263k	£621k
Gross profit	£0	£11
Profit before tax	£0	−£4.8k
Profit after tax	£0	−£4.8k
Profit (best available)	£0	−£4.8k
Employees (average)	0	0
Ratios
Profit margin	0%	−0.8%
Gross margin	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£25.4k	£180k
Net assets	−£566k	−£571k
Current assets	£52.9k	£181k
Debtors	£27.5k	£1k
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: −0.8%; Profit ÷ revenue.
Gross margin: 0%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.2%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now −£571k
Cash at bank: —; Now £180k
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Gresham House Limitedultimate parent75–100%
Gresham House Holdings Limited75–100%
Gresham House (Nominees) Limited75–100%
Aurem Care Group Limited75–100%
New Century Finance & Leasing Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (6)

New Century Care LimitedRev. £1.3m · Profit £51.3k
Aurem Care (Midco III) LimitedRev. £0 · Profit £34.4k
Aurem Care (Midco) LimitedRev. £0 · Profit −£1.4m
Aurem Care (Midco 2) LimitedFigures not disclosed
Aurem Care (Midco II) LimitedFigures not disclosed
Aurem Care Shared Services LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2023 (profit −£4.8k), from the Companies House accounts bulk data published Mar 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.