Companies House 14937682 2024-12-31 2024-12-31 2024-01-01 false iso4217:GBP xbrli:pure 14937682 2023-06-15 2023-12-31 14937682 2024-12-31 14937682 2024-01-01 2024-12-31 14937682 2023-12-31 14937682 curr:PoundSterling 2024-01-01 2024-12-31 14937682 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14937682 uk-bus:FRS102 2024-01-01 2024-12-31 14937682 uk-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 14937682 uk-bus:FullAccounts 2024-01-01 2024-12-31 14937682 uk-bus:RegisteredOffice 2024-01-01 2024-12-31 14937682 uk-bus:Director1 2024-01-01 2024-12-31 14937682 uk-bus:Director2 2024-01-01 2024-12-31 14937682 uk-bus:Director3 2024-01-01 2024-12-31 14937682 uk-bus:Director4 2024-01-01 2024-12-31 14937682 uk-bus:Director5 2024-01-01 2024-12-31 14937682 uk-bus:Director6 2024-01-01 2024-12-31 14937682 uk-bus:Director7 2024-01-01 2024-12-31 14937682 uk-bus:Director8 2024-01-01 2024-12-31 14937682 uk-bus:Director9 2024-01-01 2024-12-31 14937682 uk-bus:Director10 2024-01-01 2024-12-31 14937682 uk-bus:Director11 2024-01-01 2024-12-31 14937682 uk-bus:Director12 2024-01-01 2024-12-31 14937682 uk-bus:Director13 2024-01-01 2024-12-31 14937682 uk-bus:Director14 2024-01-01 2024-12-31 14937682 uk-bus:Director15 2024-01-01 2024-12-31 14937682 uk-bus:Director16 2024-01-01 2024-12-31 14937682 uk-bus:Director17 2024-01-01 2024-12-31 14937682 uk-bus:Director18 2024-01-01 2024-12-31 14937682 uk-bus:Director19 2024-01-01 2024-12-31 14937682 uk-bus:Director20 2024-01-01 2024-12-31 14937682 uk-bus:Director21 2024-01-01 2024-12-31 14937682 uk-bus:CompanySecretary1 2024-01-01 2024-12-31 14937682 core:AfterOneYear 2024-12-31 14937682 core:AfterOneYear 2023-12-31 14937682 core:WithinOneYear 2024-12-31 14937682 core:WithinOneYear 2023-12-31 14937682 core:WithinOneYear 2024-01-01 2024-12-31 14937682 core:AfterOneYear 2024-12-31 14937682 core:AfterOneYear 2023-12-31 14937682 core:AfterOneYear 2024-01-01 2024-12-31 14937682 core:ShareCapital 2024-12-31 14937682 core:ShareCapital 2023-12-31 14937682 core:SharePremium 2024-12-31 14937682 core:SharePremium 2023-12-31 14937682 core:OtherReservesSubtotal 2024-12-31 14937682 core:OtherReservesSubtotal 2023-12-31 14937682 core:RevaluationReserve 2024-12-31 14937682 core:RevaluationReserve 2023-12-31 14937682 core:RetainedEarningsAccumulatedLosses 2024-12-31 14937682 core:RetainedEarningsAccumulatedLosses 2023-12-31 14937682 1 2024-01-01 2024-12-31 14937682 2 2024-01-01 2024-12-31 14937682 3 2024-01-01 2024-12-31 14937682 core:LandBuildings 2024-01-01 2024-12-31 14937682 core:LandBuildings 2024-12-31 14937682 core:LandBuildings 2023-06-15 2023-12-31 14937682 core:LandBuildings 2023-12-31 14937682 core:PlantMachinery 2024-01-01 2024-12-31 14937682 core:PlantMachinery 2024-12-31 14937682 core:PlantMachinery 2023-06-15 2023-12-31 14937682 core:PlantMachinery 2023-12-31 14937682 core:FurnitureFittingsToolsEquipment 2024-01-01 2024-12-31 14937682 core:FurnitureFittingsToolsEquipment 2024-12-31 14937682 core:FurnitureFittingsToolsEquipment 2023-06-15 2023-12-31 14937682 core:FurnitureFittingsToolsEquipment 2023-12-31 14937682 core:OfficeEquipment 2024-01-01 2024-12-31 14937682 core:OfficeEquipment 2024-12-31 14937682 core:OfficeEquipment 2023-06-15 2023-12-31 14937682 core:OfficeEquipment 2023-12-31 14937682 core:Vehicles 2024-01-01 2024-12-31 14937682 core:Vehicles 2024-12-31 14937682 core:Vehicles 2023-06-15 2023-12-31 14937682 core:Vehicles 2023-12-31 14937682 core:NetGoodwill 2024-01-01 2024-12-31 14937682 core:NetGoodwill 2024-12-31 14937682 core:NetGoodwill 2023-06-15 2023-12-31 14937682 core:NetGoodwill 2023-12-31 14937682 core:IntangibleAssetsOtherThanGoodwill 2024-01-01 2024-12-31 14937682 core:IntangibleAssetsOtherThanGoodwill 2024-12-31 14937682 core:IntangibleAssetsOtherThanGoodwill 2023-06-15 2023-12-31 14937682 core:IntangibleAssetsOtherThanGoodwill 2023-12-31

# NEW GLOBAL CONSORTIUM LIMITED

## Company Registration Number:
14937682 (England and Wales)

## Unaudited statutory accounts for the year ended 31 December 2024

## Period of accounts

## Start date: 1 January 2024

## End date: 31 December 2024

# NEW GLOBAL CONSORTIUM LIMITED

## Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report |
Profit and loss |
Balance sheet |
Additional notes |
Balance sheet notes |

# NEW GLOBAL CONSORTIUM LIMITED

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

Is that of a Holding Company. Principle activity of the Group is the distribution of cleaning, hygiene and janitorial products to professional users and to the care industry in the UK.,

Political and charitable donations

Charitable donations only, £105,073 in 2024

Additional information

Going Concern Customers Suppliers Employees Greenhouse gas emissions Energy consumption and efficiency

Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Mr J M Andrews
Mr CA Campbell
Mr RA Critchley
Mr RT Green

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
4 June 2025

And signed on behalf of the board by:
Name: Mr RA Critchley
Status: Director

# NEW GLOBAL CONSORTIUM LIMITED

## Profit And Loss Account

for the Period Ended 31 December 2024

| 2024 | 7 months to 31 December 2023
--- | --- | ---
| £ | £
Turnover: | 55,484,213 | 48,550,498
Cost of sales: | ( 41,433,807 ) | ( 35,204,057 )
Gross profit(or loss): | 14,050,406 | 13,346,441
Administrative expenses: | ( 14,725,291 ) | ( 12,147,576 )
Other operating income: | 54,012 | 109,122
Operating profit(or loss): | (620,873) | 1,307,987
Interest receivable and similar income: | 284 |
Interest payable and similar charges: | ( 41,232 ) | ( 115,337 )
Profit(or loss) before tax: | (661,821) | 1,192,650
Tax: | ( 400,630 ) | ( 637,979 )
Profit(or loss) for the financial year: | (1,062,451) | 554,671

# NEW GLOBAL CONSORTIUM LIMITED

## Balance sheet

As at 31 December 2024

| Notes | 2024 | 7 months to 31 December 2023
--- | --- | --- | ---
|  | £ | £
Fixed assets
Intangible assets: | 3 | 8,186,809 | 10,018,760
Tangible assets: | 4 | 2,253,234 | 1,400,283
Investments: |  | 0 | 0
Total fixed assets: |  | 10,440,043 | 11,419,043
Current assets
Stocks: | 5 | 4,731,370 | 4,890,303
Debtors: | 6 | 10,659,811 | 10,475,901
Cash at bank and in hand: |  | 47,258 | 1,266,479
Investments: |  | 0 | 0
Total current assets: |  | 15,438,439 | 16,632,683
Creditors: amounts falling due within one year: | 7 | ( 8,980,139 ) | ( 8,582,900 )
Net current assets (liabilities): |  | 6,458,300 | 8,049,783
Total assets less current liabilities: |  | 16,898,343 | 19,468,826
Creditors: amounts falling due after more than one year: | 8 | ( 141,852 ) | ( 69,356 )
Provision for liabilities: |  | ( 319,226 ) | ( 147,435 )
Total net assets (liabilities): |  | 16,437,265 | 19,252,035
Capital and reserves
Called up share capital: |  | 15,778,323 | 17,530,642
Other reserves: |  | 2,538,293 | 781,469
Profit and loss account: |  | (1,879,351 ) | 939,924
Total Shareholders' funds: |  | 16,437,265 | 19,252,035

The notes form part of these financial statements

# NEW GLOBAL CONSORTIUM LIMITED

## Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 4 June 2025
and signed on behalf of the board by:

Name: Mr RA Critchley
Status: Director

The notes form part of these financial statements

# NEW GLOBAL CONSORTIUM LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Revenue is recognised to the extent that it is probable the benefits will flow to the company. Measured at fair value Excludes discounts, rebates VAT, and other sales taxes.

  Tangible fixed assets depreciation policy

  To allocate cost of assets less residual value, over estimated useful lives, on a reducing balance, or straight line basis Freehold Property 2% straight line Leasehold property 20% straight line Plant & Machinery, Motor Vehicles 25% reducing balance Fixtures, fittings, Office & Computer equipment 33% straight line

  Intangible fixed assets amortisation policy

  All intangible assets are considered to have a finite life, if that cannot be determined then a reliable estimate is given not exceeding ten years. The company, at reporting date, assesses if there is an indication of impairment. An impairment loss is recognised if the carrying amount exceeds the recoverable amount

  Valuation information and policy

  Valuation of Investment policy - investments in subsidiaries are measured at cost less accumulated impairment

  Other accounting policies

  Stocks Debtors Cash Creditors Liabilities Financial Instruments Leases Interest Finance costs Taxation - current & deferred

# NEW GLOBAL CONSORTIUM LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

- ## 2. Employees

  | 2024 | 7 months to 31 December 2023
  --- | --- | ---
  Average number of employees during the period | 179 | 179

  Group numbers of employees

# NEW GLOBAL CONSORTIUM LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

## 3. Intangible assets

| Goodwill | Other | Total
--- | --- | --- | ---
Cost | £ | £ | £
At 1 January 2024 | 20,904,848 |  | 20,904,848
Additions |  |  |
Disposals |  |  |
Revaluations |  |  |
Transfers |  |  |
At 31 December 2024 | 20,904,848 |  | 20,904,848
Amortisation |  |  |
At 1 January 2024 | 10,886,088 |  | 10,886,088
Charge for year | 1,831,951 |  | 1,831,951
On disposals |  |  |
Other adjustments |  |  |
At 31 December 2024 | 12,718,039 |  | 12,718,039
Net book value |  |  |
At 31 December 2024 | 8,186,809 |  | 8,186,809
At 31 December 2023 | 10,018,760 |  | 10,018,760

# NEW GLOBAL CONSORTIUM LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

## 4. Tangible assets

| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total
--- | --- | --- | --- | --- | --- | ---
Cost | £ | £ | £ | £ | £ | £
At 1 January 2024 | 363,516 | 1,117,512 |  | 598,789 | 1,237,369 | 3,317,186
Additions | 1,343,529 | 194,900 |  | 40,504 | 161,450 | 1,740,383
Disposals |  | ( 144,585 ) |  |  | ( 515,407 ) | ( 659,992 )
Revaluations |  |  |  |  |  |
Transfers |  |  |  |  |  |
At 31 December 2024 | 1,707,045 | 1,167,827 |  | 639,293 | 883,412 | 4,397,577
Depreciation |  |  |  |  |  |
At 1 January 2024 | 0 | 709,098 |  | 522,666 | 685,139 | 1,916,903
Charge for year | 227,309 | 199,282 |  | 4,616 | 317,370 | 748,577
On disposals |  | ( 144,585 ) |  |  | ( 376,552 ) | ( 521,137 )
Other adjustments |  |  |  |  |  |
At 31 December 2024 | 227,309 | 763,795 |  | 527,282 | 625,957 | 2,144,343
Net book value |  |  |  |  |  |
At 31 December 2024 | 1,479,736 | 404,032 |  | 112,011 | 257,455 | 2,253,234
At 31 December 2023 | 363,516 | 408,414 |  | 76,123 | 552,230 | 1,400,283

# NEW GLOBAL CONSORTIUM LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

## 5. Stocks

| 2024 | 7 months to 31 December 2023
--- | --- | ---
| £ | £
Stocks | 4,731,370 | 4,890,303
Total | 4,731,370 | 4,890,303

# NEW GLOBAL CONSORTIUM LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

## 6. Debtors

| 2024 | 7 months to 31 December 2023
--- | --- | ---
| £ | £
Trade debtors | 8,223,874 | 9,555,244
Prepayments and accrued income | 1,929,313 | 840,951
Other debtors | 506,624 | 79,706
Total | 10,659,811 | 10,475,901

# NEW GLOBAL CONSORTIUM LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

## 7. Creditors: amounts falling due within one year note

| 2024 | 7 months to 31 December 2023
--- | --- | ---
| £ | £
Bank loans and overdrafts | 737,957 | 580,323
Amounts due under finance leases and hire purchase contracts | 179,527 | 154,767
Trade creditors | 2,966,625 | 3,580,071
Taxation and social security | 1,029,305 | 1,452,635
Accruals and deferred income | 3,097,600 | 1,822,773
Other creditors | 969,125 | 992,331
Total | 8,980,139 | 8,582,900

# NEW GLOBAL CONSORTIUM LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

## 8. Creditors: amounts falling due after more than one year note

| 2024 | 7 months to 31 December 2023
--- | --- | ---
| £ | £
Amounts due under finance leases and hire purchase contracts | 141,852 | 69,356
Total | 141,852 | 69,356

# NEW GLOBAL CONSORTIUM LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

## 9. Financial Commitments

Contingent - Group VAT cross guarantee Pension Commitments Commitments under Operating Leases Less than 1 Year £1,244,321 1 to 5 Years £5,694,169 Later than 5 Years £4,938,417