NE LOCAL MAGAZINES LTD

Company number 12098802 · Active (Active - Proposal to Strike off)

NE LOCAL MAGAZINES LTD is a private limited company registered in GATESHEAD, United Kingdom, incorporated on 11 Jul 2019. Its registered activity is other publishing activities. Its latest published accounts for the period ending 31 Jul 2021 show equity of −£1,702, total assets of £9,612. It has filed 2 sets of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Equity ratio2.8×-0.882818–0.00404851 · 0.33 % became insolvent
Equity change ÷ assets2.6×-0.688951–-0.123359 · 0.31 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent
Cash ÷ assets2.0×0.187053–0.578498 · 0.24 % became insolvent

Lowers the risk

Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Industry0.6×58 · 0.07 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 0.09 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
12098802 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
11 Jul 2019 (7 years)
Registered address
NE8 3HU GATESHEAD
Postcode area
Newcastle upon Tyne
Activity
58190 Other publishing activities
Industry
Publishing activities
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Jul 202115 Apr 2022– –−£1,702£9,612 £2,482£2,4652
31 Jul 202015 Apr 2021– –£1– –£1–

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about NE LOCAL MAGAZINES LTD

What is the company number of NE LOCAL MAGAZINES LTD?

NE LOCAL MAGAZINES LTD is registered under company number 12098802 in the official register of United Kingdom. View it at the official register.

Is NE LOCAL MAGAZINES LTD still active?

Yes. NE LOCAL MAGAZINES LTD is registered as active (status: Active - Proposal to Strike off).

Has NE LOCAL MAGAZINES LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for NE LOCAL MAGAZINES LTD in the official data.

How likely is NE LOCAL MAGAZINES LTD to become insolvent?

Our model estimates a 0.00 % probability that NE LOCAL MAGAZINES LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was NE LOCAL MAGAZINES LTD founded?

NE LOCAL MAGAZINES LTD was incorporated on 11 Jul 2019.

Where is NE LOCAL MAGAZINES LTD registered?

NE LOCAL MAGAZINES LTD's registered address is in NE8 3HU GATESHEAD (Newcastle upon Tyne), United Kingdom.

What do the latest accounts of NE LOCAL MAGAZINES LTD show?

The latest published accounts (period ending 31 Jul 2021) show equity of −£1,702, total assets of £9,612, 2 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 9 Nov 2026.