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New Party World Ltd

14993821

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

FIRST FLOOR, 325-331 HIGH ROAD, ILFORD, IG1 1NR
Incorporated 10/07/2023

Compliance

Last accounts

31/07/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 09/07/2025

Due 23/07/2026

On track

Industry

56210
Event catering activities

Officers

Miss Otilia Tirnoveanu

director · Since 10/07/2023

BUSINESS PERSON

ROMANIAN · ENGLAND · Age 26

Also on 1 other board

Persons with Significant Control

Miss Otilia Tirnoveanu

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

Romanian · England · Age 26

First Floor,, 325-331 High Road, Ilford, IG1 1NR

Notified 10/07/2023

CompanyRankvs 13049+ SIC 56210 peers
35

Financial strength20th percentile among SIC peers · 5/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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13049New Party World Ltd
34
How is this score calculated?
Financial strength5/25 pts

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

Employees10/15 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 31/07/2024

Net Worth

-£2k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£200

Current Liabilities

£2k

2avg. employees

Balance Sheet

Assets less current liabilities-£2k
Signed by Miss Otilia Tirnoveanu 08/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.11

Derived from filed accounts. Not audited figures.