New Direction (Home Improvements) Ltd
12925271
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Lee Walley
British · United Kingdom · Age 53
20-22, Wenlock Road, London, N1 7GU
Notified 03/10/2020
CompanyRankvs 626+ SIC 31020 peers62
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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 31/10/2024
Net Worth
£16k
Balance sheet strength
Cash
£15k
Cash in the bank
Net Current Assets
£9k
Working capital
Current Assets
£57k
Current Liabilities
£48k
Fixed Assets
£8k
Debtors
£20k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.18 | +£10k |
| 2023 | 1.55 | +£25k |
| 2022 | 1.59 | +£35k |
| 2021 | 1.20 | — |
Derived from filed accounts. Not audited figures.