new horizons housing association
new horizons housing association Company Information
Company Number
11232576
Next Accounts
Dec 2025
Industry
Other accommodation
Shareholders
-
Group Structure
View All
Contact
Registered Address
11 portland road, edgbaston, birmingham, B16 9HN
Website
-new horizons housing association Estimated Valuation
Pomanda estimates the enterprise value of NEW HORIZONS HOUSING ASSOCIATION at £81.2k based on a Turnover of £104.3k and 0.78x industry multiple (adjusted for size and gross margin).
new horizons housing association Estimated Valuation
Pomanda estimates the enterprise value of NEW HORIZONS HOUSING ASSOCIATION at £462 based on an EBITDA of £120 and a 3.85x industry multiple (adjusted for size and gross margin).
new horizons housing association Estimated Valuation
Pomanda estimates the enterprise value of NEW HORIZONS HOUSING ASSOCIATION at £20.1k based on Net Assets of £10k and 2.02x industry multiple (adjusted for liquidity).
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New Horizons Housing Association Overview
New Horizons Housing Association is a live company located in birmingham, B16 9HN with a Companies House number of 11232576. It operates in the other accommodation sector, SIC Code 55900. Founded in March 2018, it's largest shareholder is unknown. New Horizons Housing Association is a young, micro sized company, Pomanda has estimated its turnover at £104.3k with high growth in recent years.
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New Horizons Housing Association Health Check
Pomanda's financial health check has awarded New Horizons Housing Association a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £104.3k, make it smaller than the average company (£1.1m)
- New Horizons Housing Association
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (6.8%)
- New Horizons Housing Association
6.8% - Industry AVG
Production
with a gross margin of 22.2%, this company has a higher cost of product (54.4%)
- New Horizons Housing Association
54.4% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (5.9%)
- New Horizons Housing Association
5.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (24)
- New Horizons Housing Association
24 - Industry AVG
Pay Structure
on an average salary of £25.2k, the company has an equivalent pay structure (£25.2k)
- New Horizons Housing Association
£25.2k - Industry AVG
Efficiency
resulting in sales per employee of £52.2k, this is equally as efficient (£55.1k)
- New Horizons Housing Association
£55.1k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is later than average (15 days)
- New Horizons Housing Association
15 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (19 days)
- New Horizons Housing Association
19 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- New Horizons Housing Association
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - New Horizons Housing Association
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.2%, this is a lower level of debt than the average (29.2%)
23.2% - New Horizons Housing Association
29.2% - Industry AVG
NEW HORIZONS HOUSING ASSOCIATION financials
New Horizons Housing Association's latest turnover from March 2024 is estimated at £104.3 thousand and the company has net assets of £10 thousand. According to their latest financial statements, we estimate that New Horizons Housing Association has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 12,960 | 12,647 | 16,643 | 7,098 | 8,846 | 4,416 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 12,960 | 12,647 | 16,643 | 7,098 | 8,846 | 4,416 |
| total assets | 12,960 | 12,647 | 16,643 | 7,098 | 8,846 | 4,416 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,860 | 2,212 | 7,220 | 512 | 2,882 | 1,503 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,860 | 2,212 | 7,220 | 512 | 2,882 | 1,503 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,150 | 575 | 1,150 | 575 | 690 | 575 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,150 | 575 | 1,150 | 575 | 690 | 575 |
| total liabilities | 3,010 | 2,787 | 8,370 | 1,087 | 3,572 | 2,078 |
| net assets | 9,950 | 9,860 | 8,273 | 6,011 | 5,274 | 2,338 |
| total shareholders funds | 9,950 | 9,860 | 8,273 | 6,011 | 5,274 | 2,338 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 313 | -3,996 | 9,545 | -1,748 | 4,430 | 4,416 |
| Creditors | -352 | -5,008 | 6,708 | -2,370 | 1,379 | 1,503 |
| Accruals and Deferred Income | 575 | -575 | 575 | -115 | 115 | 575 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
new horizons housing association Credit Report and Business Information
New Horizons Housing Association Competitor Analysis
Perform a competitor analysis for new horizons housing association by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in B16 area or any other competitors across 12 key performance metrics.
new horizons housing association Ownership
NEW HORIZONS HOUSING ASSOCIATION group structure
New Horizons Housing Association has no subsidiary companies.
Ultimate parent company
NEW HORIZONS HOUSING ASSOCIATION
11232576
new horizons housing association directors
New Horizons Housing Association currently has 2 directors. The longest serving directors include Mr Mohammed Anees (Mar 2018) and Mr Mohammed Ejaz (Jan 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohammed Anees | United Kingdom | 41 years | Mar 2018 | - | Director |
| Mr Mohammed Ejaz | United Kingdom | 48 years | Jan 2024 | - | Director |
P&L
March 2024turnover
104.3k
+12%
operating profit
120
0%
gross margin
22.2%
-4.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
10k
+0.01%
total assets
13k
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
new horizons housing association company details
company number
11232576
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
55900 - Other accommodation
incorporation date
March 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
11 portland road, edgbaston, birmingham, B16 9HN
Bank
-
Legal Advisor
-
new horizons housing association 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 did not find charges/mortgages relating to new horizons housing association.
new horizons housing association 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 HOUSING ASSOCIATION. This can take several minutes, an email will notify you when this has completed.
new horizons housing association Companies House Filings - See Documents
| date | description | view/download |
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