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New Horizon Plastics Co Ltd

11777585

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

UNIT 27, FLINT, CH6 5XA
Incorporated 21/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials

Officers

Mr Philip Roger Thomas

director · Since 21/01/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 7 other boards

Mrs Karyn Lesley Thomas

director · Since 27/07/2022

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 7 other boards

Persons with Significant Control

Nhp Group Holdings Limited

75–100% shares
75–100% votes
Appoint directors

St Johns Chambers, Love Street, Chester, CH1 1QN

Reg: 17028543 · Registrar Of England And Wales · Private Company Limited By Shares

Notified 01/04/2026

Former PSCs

Mr Philip Roger Thomas

Ceased 01/04/2026

Mr Yang Liu

Ceased 27/01/2022

Shandong Goldenforest Trading Co Ltd

Ceased 26/06/2019

Charges3 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 19/01/2022Registered 24/01/2022
Charge
outstanding

ALLICA BANK LIMITED

Created 19/01/2022Registered 24/01/2022
Charge
outstanding

HSBC UK BANK PLC

Created 18/10/2019Registered 18/10/2019

CompanyRankvs 1011+ SIC 38320 peers
39

Financial strength93th percentile among SIC peers · 23/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.47× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees2/15 pts

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

Liquidity2/20 pts

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

Longevity7/15 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 31/03/2025

Net Worth

£3.5M

Balance sheet strength

Cash

£241k

Cash in the bank

Net Current Assets

-£3.9M

Working capital

Current Assets

£3.6M

Current Liabilities

£7.5M

Fixed Assets

£9.4M

Debtors

£3.0M

0avg. employees-45

Tax at Year End

Corp tax£1.0M

Balance Sheet

Assets less current liabilities£5.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.47-£3.6M
20240.98+£4.5M
20230.82+£1.6M
20220.43-£654k
20210.36—

Derived from filed accounts. Not audited figures.