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New World Associates Ltd

12029022

active
Private Limited Company
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 CLEVER ACCOUNTS LTD BROOKFIELD COURT SELBY ROAD, LEEDS, LS25 1NB
Incorporated 03/06/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Christos Ragias

director · Since 03/06/2019

ENGINEERING CONSULTANT

GREEK · ENGLAND · Age 36

Also on 1 other board

Persons with Significant Control

Mr Christos Ragias

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

Greek · England · Age 36

C/O Clever Accounts Ltd Brookfield Court, Selby Road, Leeds, LS25 1NB

Notified 03/06/2019

CompanyRankvs 5527+ SIC 71129 peers
67

Financial strength85th percentile among SIC peers · 21/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 5.84× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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5527New World Associates Ltd
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How is this score calculated?
Financial strength21/25 pts

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

Employees4/15 pts

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

Liquidity20/20 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.

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

£96k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£96k

Working capital

Current Assets

£116k

Current Liabilities

£20k

1avg. employees

Balance Sheet

Assets less current liabilities£96k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20255.84+£0
20255.84-£24k
20243.12+£71k
20232.90—

Derived from filed accounts. Not audited figures.