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New Horizon Limited

03452112

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

249 CRANBROOK ROAD, ESSEX, IG1 4TG
Incorporated 20/10/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Christakis Efstathiou

director · Since 01/05/1998

MANAGER

BRITISH · UNITED KINGDOM · Age 75

Also on 1 other board

Plyxavra Efstathiou

secretary · Since 16/06/2006

BRITISH

Also on 1 other board

Persons with Significant Control

P&A Properties Ltd

75–100% shares

249, Cranbrook Road, Ilford, IG1 4TG

Reg: 10034594 · England · Limited

Notified 22/01/2023

Former PSCs

Mr Christakis Efstathiou

Ceased 22/01/2023

Charges4 outstanding

Charge
outstanding

KEYSTONE PROPERTY FINANCE LIMITED

Created 15/12/2025Registered 16/12/2025
Charge
outstanding

KEYSTONE PROPERTY FINANCE LIMITED

Created 04/08/2022Registered 17/08/2022
Charge
satisfied

METRO BANK PLC

Created 20/02/2017Registered 28/02/2017Satisfied 15/04/2026
Charge
outstanding

METRO BANK PLC

Created 20/02/2017Registered 28/02/2017
Charge
outstanding

METRO BANK PLC

Created 20/02/2017Registered 28/02/2017

CompanyRankvs 77556+ SIC 68209 peers
51

Financial strength86th percentile among SIC peers · 22/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2025

Net Worth

£306k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£24k

Current Liabilities

£37k

Fixed Assets

£761k

Debtors

£20k

0avg. employees

Balance Sheet

Assets less current liabilities£748k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.65+£0
20250.65+£17k
20240.32-£41k
20231.03—

Derived from filed accounts. Not audited figures.