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New Source Ltd

12005477

active
Private Limited Company
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

Accounts

Up to date

Confirmation statement

Up to date

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 1826+ 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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1826New 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+£84k
20222.96+£135k
20210.77-£68k
20201.68—

Derived from filed accounts. Not audited figures.