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New Horizon Systems Limited

04101208

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

1 GROVEHERST ROAD, KENT, DA1 5JD
Incorporated 02/11/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mrs Manisha Nagpal

secretary · Since 02/11/2000

DIRECTORY/SECRETARY

BRITISH · ENGLAND · Age 54

Also on 9 other boards

Mrs Manisha Nagpal

director · Since 02/11/2000

DIRECTORY/SECRETARY

BRITISH · ENGLAND · Age 54

Also on 9 other boards

Mr Rajesh Kumar Nagpal

director · Since 02/11/2000

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 3 other boards

Persons with Significant Control

Mrs Manisha Nagpal

25–50% shares

British · England · Age 54

1 Groveherst Road, Kent, DA1 5JD

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 20/12/2012Registered 28/12/2012

CompanyRankvs 767+ SIC 47990 peers
75

Financial strength94th percentile among SIC peers · 24/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 6× · 20/20
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 strength24/25 pts

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

Employees11/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

£233k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£248k

Working capital

Current Assets

£298k

Current Liabilities

£50k

Fixed Assets

£19k

2avg. employees

Balance Sheet

Assets less current liabilities£267k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20246.00-£9k
20233.21-£86k
20223.18+£309k
20210.23

Derived from filed accounts. Not audited figures.