new horizons (asia) ltd
new horizons (asia) ltd Company Information
Group Structure
View All
Industry
Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
Registered Address
85, 85 great portland street, first, london, W1W 7LT
Website
-new horizons (asia) ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW HORIZONS (ASIA) LTD at £576.5k based on a Turnover of £1.2m and 0.47x industry multiple (adjusted for size and gross margin).
new horizons (asia) ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW HORIZONS (ASIA) LTD at £0 based on an EBITDA of £-68k and a 3.85x industry multiple (adjusted for size and gross margin).
new horizons (asia) ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW HORIZONS (ASIA) LTD at £0 based on Net Assets of £-7k and 1.53x industry multiple (adjusted for liquidity).
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New Horizons (asia) Ltd Overview
New Horizons (asia) Ltd is a live company located in london, W1W 7LT with a Companies House number of 08503397. It operates in the agents involved in the sale of textiles, clothing, fur, footwear and leather goods sector, SIC Code 46160. Founded in April 2013, it's largest shareholder is mark nunes with a 100% stake. New Horizons (asia) Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.2m with rapid growth in recent years.
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New Horizons (asia) Ltd Health Check
Pomanda's financial health check has awarded New Horizons (Asia) Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £1.2m, make it in line with the average company (£1.1m)
- New Horizons (asia) Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 84%, show it is growing at a faster rate (12.3%)
- New Horizons (asia) Ltd
12.3% - Industry AVG
Production
with a gross margin of 17.8%, this company has a higher cost of product (33.4%)
- New Horizons (asia) Ltd
33.4% - Industry AVG
Profitability
an operating margin of -5.6% make it less profitable than the average company (3.9%)
- New Horizons (asia) Ltd
3.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - New Horizons (asia) Ltd
6 - Industry AVG
Pay Structure
on an average salary of £33.6k, the company has an equivalent pay structure (£33.6k)
- New Horizons (asia) Ltd
£33.6k - Industry AVG
Efficiency
resulting in sales per employee of £1.2m, this is more efficient (£232k)
- New Horizons (asia) Ltd
£232k - Industry AVG
Debtor Days
it gets paid by customers after 135 days, this is later than average (45 days)
- New Horizons (asia) Ltd
45 days - Industry AVG
Creditor Days
its suppliers are paid after 111 days, this is slower than average (29 days)
- New Horizons (asia) Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- New Horizons (asia) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - New Horizons (asia) Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101%, this is a higher level of debt than the average (62.6%)
101% - New Horizons (asia) Ltd
62.6% - Industry AVG
NEW HORIZONS (ASIA) LTD financials
New Horizons (Asia) Ltd's latest turnover from April 2024 is estimated at £1.2 million and the company has net assets of -£7 thousand. According to their latest financial statements, New Horizons (Asia) Ltd has 1 employee and maintains cash reserves of £207 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 120,000 | 28,255 | |||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 46,587 | ||||||||||
| Gross Profit | 73,413 | ||||||||||
| Admin Expenses | 13,459 | ||||||||||
| Operating Profit | 59,954 | ||||||||||
| Interest Payable | 60 | 60 | |||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | 59,894 | -60 | -5,204 | -221 | |||||||
| Tax | -8,096 | ||||||||||
| Profit After Tax | 51,798 | -60 | -5,204 | -221 | |||||||
| Dividends Paid | |||||||||||
| Retained Profit | 51,798 | -60 | -5,204 | -221 | |||||||
| Employee Costs | |||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | ||||||
| EBITDA* | 59,954 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 937 | 1,875 | 2,812 | ||||||||
| Intangible Assets | 2,500 | 2,500 | 2,500 | ||||||||
| Investments & Other | 6,400 | 6,400 | 6,400 | ||||||||
| Debtors (Due After 1 year) | 9,925 | 9,925 | |||||||||
| Total Fixed Assets | 8,900 | 9,837 | 10,775 | 2,812 | 9,925 | 9,925 | |||||
| Stock & work in progress | 20,000 | 20,000 | |||||||||
| Trade Debtors | 457,931 | 454,086 | 352,888 | 110,207 | 678 | 4,087 | 36,824 | 43,380 | 34,297 | 14,061 | |
| Group Debtors | |||||||||||
| Misc Debtors | 203,493 | 149,341 | 65,458 | 42,630 | 63,336 | 17,771 | 2,580 | ||||
| Cash | 207 | 768 | 74,593 | 21,778 | 35,880 | 70,253 | 172 | 1 | |||
| misc current assets | |||||||||||
| total current assets | 661,631 | 604,195 | 492,939 | 174,615 | 99,894 | 88,024 | 26,839 | 36,824 | 43,380 | 34,297 | 34,062 |
| total assets | 670,531 | 614,032 | 503,714 | 177,427 | 99,894 | 97,949 | 36,764 | 36,824 | 43,380 | 34,297 | 34,062 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 309,656 | 278,966 | 216,856 | 6,518 | 9,674 | 5,509 | 21,131 | 28,269 | 13,981 | 13,525 | |
| Group/Directors Accounts | |||||||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 255,910 | 172,716 | 107,814 | 10,901 | 37,645 | 35,843 | 15,622 | ||||
| total current liabilities | 565,566 | 451,682 | 324,670 | 17,419 | 37,645 | 45,517 | 21,131 | 21,131 | 28,269 | 13,981 | 13,525 |
| loans | 40,896 | 41,096 | 41,096 | 41,750 | |||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 71,070 | 54,750 | 46,500 | 40,500 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | ||
| provisions | |||||||||||
| total long term liabilities | 111,966 | 95,846 | 87,596 | 82,250 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | ||
| total liabilities | 677,532 | 547,528 | 412,266 | 99,669 | 37,645 | 45,517 | 36,131 | 36,131 | 43,269 | 28,981 | 28,525 |
| net assets | -7,001 | 66,504 | 91,448 | 77,758 | 62,249 | 52,432 | 633 | 693 | 111 | 5,316 | 5,537 |
| total shareholders funds | -7,001 | 66,504 | 91,448 | 77,758 | 62,249 | 52,432 | 633 | 693 | 111 | 5,316 | 5,537 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 59,954 | ||||||||||
| Depreciation | 937 | 938 | 937 | ||||||||
| Amortisation | |||||||||||
| Tax | -8,096 | ||||||||||
| Stock | -20,000 | 20,000 | -20,000 | 20,000 | |||||||
| Debtors | 57,997 | 185,081 | 265,509 | 88,823 | 36,318 | 11,104 | -20,232 | -6,556 | 9,083 | 20,236 | 14,061 |
| Creditors | 30,690 | 62,110 | 210,338 | 6,518 | -9,674 | 4,165 | -15,622 | -7,138 | 14,288 | 456 | 13,525 |
| Accruals and Deferred Income | 83,194 | 64,902 | 96,913 | -26,744 | 1,802 | 20,221 | 15,622 | ||||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | 85,140 | 232 | |||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 6,400 | ||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | |||||||||||
| Long term loans | -200 | -654 | 41,750 | ||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | 16,320 | 8,250 | 6,000 | 40,500 | -15,000 | 15,000 | |||||
| share issue | |||||||||||
| interest | -60 | -60 | |||||||||
| cash flow from financing | -15,059 | -60 | -1 | ||||||||
| cash and cash equivalents | |||||||||||
| cash | -561 | -73,825 | 52,815 | -14,102 | -34,373 | 70,081 | 172 | -1 | 1 | ||
| overdraft | |||||||||||
| change in cash | -561 | -73,825 | 52,815 | -14,102 | -34,373 | 70,081 | 172 | -1 | 1 |
new horizons (asia) ltd Credit Report and Business Information
New Horizons (asia) Ltd Competitor Analysis
Perform a competitor analysis for new horizons (asia) ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in W1W area or any other competitors across 12 key performance metrics.
new horizons (asia) ltd Ownership
NEW HORIZONS (ASIA) LTD group structure
New Horizons (Asia) Ltd has no subsidiary companies.
Ultimate parent company
NEW HORIZONS (ASIA) LTD
08503397
new horizons (asia) ltd directors
New Horizons (Asia) Ltd currently has 1 director, Mr Mark Nunes serving since Apr 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Nunes | England | 46 years | Apr 2013 | - | Director |
P&L
April 2024turnover
1.2m
+4%
operating profit
-68.9k
0%
gross margin
17.9%
+7.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
-7k
-1.11%
total assets
670.5k
+0.09%
cash
207
-0.73%
net assets
Total assets minus all liabilities
new horizons (asia) ltd company details
company number
08503397
Type
Private limited with Share Capital
industry
46160 - Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
incorporation date
April 2013
age
12
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
April 2024
previous names
brandsmaster (asia) ltd (December 2013)
nodus commodities ltd (May 2013)
accountant
-
auditor
-
address
85, 85 great portland street, first, london, W1W 7LT
Bank
-
Legal Advisor
-
new horizons (asia) ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 1 charges/mortgages relating to new horizons (asia) ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
new horizons (asia) ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for NEW HORIZONS (ASIA) LTD. This can take several minutes, an email will notify you when this has completed.
new horizons (asia) ltd Companies House Filings - See Documents
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