New World Sourcing Limited
11782681
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/06/2025
total exemption full
Next accounts due
31/03/2027
Confirmation statement
Last: 26/09/2025
Due 10/10/2026
Industry
Officers
director · Since 23/01/2024
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 16 other boards
Persons with Significant Control
Mr Vijay Sharma
British · United Kingdom · Age 53
Office 1 Hatherton Court, Hatherton Street, Walsall, WS4 2LA
Notified 23/01/2019
Former PSCs
Mr Kanubhai Patel
Ceased 23/09/2020
Mr Jagjit Singh Sarin
Ceased 23/09/2020
CompanyRankvs 780+ SIC 55100 peers77
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/06/2025
Net Worth
£2.5M
Balance sheet strength
Cash
£138k
Cash in the bank
Net Current Assets
£2.4M
Working capital
Current Assets
£3.0M
Current Liabilities
£529k
Fixed Assets
£70k
Debtors
£2.8M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 5.62 | +£325k |
| 2024 | 4.45 | +£873k |
| 2023 | 1.80 | +£945k |
| 2022 | 1.20 | +£323k |
| 2021 | 1.28 | +£4k |
| 2020 | — | +£0 |
Derived from filed accounts. Not audited figures.