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New Hope Organisation

14698194

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

30 DEERLEAP WAY, BRAINTREE, CM7 9FH
Incorporated 01/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

94990
Activities of other membership organisations

Officers

Mr Lazarus Mutemachani

director · Since 01/03/2023

DIRECTOR

ZIMBABWEAN · UNITED KINGDOM · Age 54

Also on 2 other boards

Mrs Jill Ngwerume

director · Since 01/03/2023

DIRECTOR

ZIMBABWEAN · UNITED KINGDOM · Age 47

Also on 1 other board

Stephen Douglas Grout

director · Since 21/08/2024

SOCIAL WORKER

BRITISH · ENGLAND · Age 65

Persons with Significant Control

Mr Lazarus Mutemachani

75–100% votes
Appoint directors

Zimbabwean · United Kingdom · Age 54

Shop 49, 13, Market Place, Braintree, CM7 3HG

Notified 01/03/2023

CompanyRankvs 8024+ SIC 94990 peers
24

Financial strength4th percentile among SIC peers · 1/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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8024New Hope Organisation
24
How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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 31/03/2025

Net Worth

-£42k

Balance sheet strength

Cash

£12

Cash in the bank

Net Current Assets

-£43k

Working capital

Current Assets

£6k

Current Liabilities

£49k

Fixed Assets

£1k

Debtors

£2k

0avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.12-£25k
20240.18—

Derived from filed accounts. Not audited figures.