New Growth Training & Event Security Ltd.
Registered name: NEW GROWTH TRAINING & EVENT SECURITY LTD.
New Growth Training & Event Security Ltd. made £136k revenue and a £10.4k loss in the year to 31 Aug 2023.
New Growth Training & Event Security Ltd.’s revenue grew 45376% to £136k in the year to 31 Aug 2023, with a loss of £10.4k and 6 employees. The company is classified under “private security activities” and is based in Birmingham; we hold 2 years of its filed accounts.
- Status
- Liquidation
- Location
- Birmingham, West Midlands
- Age
- 7 yrs · since 2019
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2022 | 31 Aug 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £300 | £136k |
| Profit after tax | −£3.7k | −£10.4k |
| Profit (best available) | −£3.7k | −£10.4k |
| Staff costs | £0 | £76.1k |
| Employees (average) | — | 6 |
| Ratios | ||
| Profit margin | −1238% | −7.6% |
| Revenue per employee | — | £22.7k |
| Profit per employee | — | −£1.7k |
| Growth (year on year) | ||
| Revenue growth | — | ▲45376% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £4k | −£5.7k |
| Fixed assets | £958 | £16.9k |
| Current assets | £4.6k | £20.5k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 |
How the business works
- Profit margin
- −7.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £22.7k
- Revenue ÷ average employees.
- Profit per employee
- −£1.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 12.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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
- ▼242%
- Now −£5.7k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 6
- Deferred income
- —
- Now —
- Fixed assets
- ▲1659%
- Now £16.9k
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2023 (profit −£10.4k), from the Companies House accounts bulk data published May 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.