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New Economy Design Limited

09856810

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

C/O HILTON CONSULTING CANALOT STUDIOS, LONDON, W10 5BN
Incorporated 04/11/2015

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 03/11/2025

Due 17/11/2026

On track

Industry

73110
Advertising agencies

Officers

Mr Erik Hedman

director · Since 04/11/2015

COMPANY DIRECTOR

SWEDISH · ENGLAND · Age 44

Mr Filip Tyden

director · Since 04/11/2015

COMPANY DIRECTOR

SWEDISH · ENGLAND · Age 46

Persons with Significant Control

Mr Filip Tyden

25–50% shares
25–50% votes

Swedish · Sweden · Age 46

C/O Hilton Consulting, Canalot Studios, London, W10 5BN

Notified 01/05/2016

Mr Erik Hedman

25–50% shares
25–50% votes

Swedish · England · Age 44

C/O Hilton Consulting, Canalot Studios, London, W10 5BN

Notified 01/05/2016

CompanyRankvs 9913+ SIC 73110 peers
62

Financial strength36th percentile among SIC peers · 9/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.84× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 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.

Liquidity16/20 pts

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

Longevity11/15 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.

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

Key FinancialsYear ending 30/11/2025

Net Worth

£100

Balance sheet strength

Cash

£85k

Cash in the bank

Net Current Assets

£69k

Working capital

Current Assets

£152k

Current Liabilities

£83k

Fixed Assets

£4k

Debtors

£67k

2avg. employees+2

Tax at Year End

Corp tax£51k

Balance Sheet

Assets less current liabilities£73k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20251.84
20240.90
20231.47

Derived from filed accounts. Not audited figures.