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New Futures Academy C.I.C.

12334227

active
Community Interest Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

19 FURLONG CLOSE, BUCKFASTLEIGH, TQ11 0ER
Incorporated 26/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85410
Post-secondary non-tertiary education
85520
Cultural education
85600
Educational support services

Officers

Mr Richard Benedict Forshaw-Smith

director · Since 26/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 52

Mr Christopher Martin Smith

director · Since 26/11/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mr Christopher Martin Smith

75–100% votes
Appoint directors

British · England · Age 55

19, Furlong Close, Buckfastleigh, TQ11 0ER

Notified 26/11/2019

CompanyRankvs 383+ SIC 85410 peers
63

Financial strength73th percentile among SIC peers · 18/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 7.87× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees3/15 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 30/11/2024

Turnover

£1k

Annual revenue

Net Worth

£10k

Balance sheet strength

Cash

£7k

Cash in the bank

Profit Before Tax

£10k

Bottom line earnings

Net Current Assets

£6k

Working capital

Current Assets

£7k

Current Liabilities

£887

Fixed Assets

£5k

Cost of Sales

£5k

Gross Profit

-£4k

Admin Expenses

£6k

Operating Profit

£10k

0avg. employees

Balance Sheet

Assets less current liabilities£11k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20247.87+£9k
202310.29
20220.67
20210.54

Derived from filed accounts. Not audited figures.