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New Source Ltd

12005477

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

FLAT 11, HINES LODGE,, LONDON, N2 9FG
Incorporated 20/05/2019

Compliance

Last accounts

31/05/2025

unaudited abridged

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 03/10/2025

Due 17/10/2026

On track

Industry

55100
Hotels and similar accommodation
78109
Other activities of employment placement agencies
78200
Temporary employment agency activities

Officers

Miss Ioana Madalina Rotaru

director · Since 20/05/2019

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 2 other boards

Mrs Marinela-Luminita Dancescu

director · Since 30/05/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Charges1 outstanding

Charge
outstanding

TEAM FACTORS LIMITED

Created 02/08/2019Registered 02/08/2019

CompanyRankvs 1813+ SIC 55100 peers
62

Financial strength81th percentile among SIC peers · 20/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.76× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1813New Source Ltd
68
How is this score calculated?
Financial strength20/25 pts

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

Employees14/15 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.

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 31/05/2025

Net Worth

£301k

Balance sheet strength

Cash

£97k

Cash in the bank

Net Current Assets

£263k

Working capital

Current Assets

£607k

Current Liabilities

£344k

Fixed Assets

£61k

Debtors

£510k

54avg. employees-7

Balance Sheet

Assets less current liabilities£323k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20251.76+£23k
20241.67+£124k
20231.28—

Derived from filed accounts. Not audited figures.