New Local Ltd
UnknownCompany number03598256
Company typeUnknown
JurisdictionUnknown
IncorporatedInvalid Date
Concentration risk
Buyer concentrationHigh risk
85%Top 3 buyers account for 85% of total contract value
Sector concentrationHigh risk
100%Top 2 sectors represent 100% of portfolio
Single buyer dependencyHigh risk
45%Largest buyer (Test Valley Borough Council) represents 45% of total value
Route to marketHigh risk
100%100% of contract value via direct award
Contract renewal windowLow risk
1 in 24mo1 contracts due for renewal in next 24 months
New buyer acquisitionMedium risk
1 in 24mo1 new buying relationships in last 24 months
Buyer breakdown4 buyers
Total buyers4
Top 5 concentration100%
Returning buyers3
New buyers (24 mo)1
Top buyers by contract value
Sector breakdown1 sectors
100%
OtherOther
Other
StableContract value£170k
Contracts5
Buyers4
Contract patterns
Avg contract value£34k
Avg duration1yr 7mo
Renewal rate25%
Total contracts5
Awards by year
12022£29k
22023£65k
12026£76k
Procurement route
Direct award