Company Overview
New Contemporaries (1988) Limited is listed at the official companies registry as Active Private Limited By Guarantee Without Share Capital. The company was incorporated on Wednesday 30 November 1988, so this is a well established company. New Contemporaries (1988) Limited has been in business for 37 years and 4 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

1St Floor, Rich Mix, 35-47 Bethnal Green Road, London, E1 6LA
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Companies House Data
Company NameNEW CONTEMPORARIES (1988) LIMITED
Company Number02323106
Registered Office Address1st Floor, Rich Mix
 35-47 Bethnal Green Road
 E1 6LA
Company CategoryPrivate Limited By Guarantee Without Share Capital
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date30/11/1988
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date20/05/2017
Returns Last Made Up Date22/04/2016
Directors & Members
Show Resigned
Alice Amati - Director
(Italian, 32 years old, born February 1994)
Appointed 06 March 2024
 Active
Lewis Dalton Gilbert - Director
(British, 38 years old, born June 1988)
Appointed 06 March 2024
 Active
Fouad Kanaan - Director
(British, 56 years old, born July 1970)
Appointed 03 September 2025
 Active
Harold Offeh - Director
(British, 49 years old, born January 1977)
Appointed 16 March 2021
 Active
Romilly Stebbings - Director
(British, 37 years old, born December 1989)
Appointed 03 September 2025
 Active
Secretaries
Show Resigned
Kiera Blakey - Secretary
Appointed 06 March 2025
 Active
Other Company Directorships
Alice Amati
ALICE AMATI GALLERY LIMITED
APOLLO PAINTING SCHOOL
Lewis Dalton Gilbert
No companies found
Fouad Kanaan
KANAAN MANAGEMENT SERVICES LTD
THE 41/42 CORNWALLIS GARDENS RIGHT TO MANAGE COMPANY LIMITED
Harold Offeh
PAVILION(THE)
PECKHAM PLATFORM LIMITED
Romilly Stebbings
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2013 31-Mar-2012
Balance Sheet
Fixed Assets 6,091 6,091 5,196
Current Assets 75,027 75,027 132,504
Creditors Due Within One Year 42,632 42,632 53,321
Working Cap 32,395 32,395 79,183
Total Assets Less Current Liabilities 38,486 38,486 84,379
Long-term Liabilities 0 0 0
Net Assets 38,486 38,486 84,379
Share Capital & Reserves
Share Cap 0 0 0
Profit & Loss Reserves 38,486 38,486 84,379
Other Reserves 0 0 0
Shareholders Funds 38,486 38,486 84,379
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2013 31-Mar-2012
Tangible Fixed Assets - - -
Fixed Assets 7.5% 7.5% 3.8%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 8.2% 8.2% 4.1%
Cash Bank In Hand 84.3% 84.3% 92.1%
Current Assets 92.5% 92.5% 96.2%
Creditors Due Within One Year 52.6% 52.6% 38.7%
Net Current Assets Liabilities 39.9% 39.9% 57.5%
Creditors Due After One Year 0.0% 0.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 47.4% 47.4% 61.3%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 47.4% 47.4% 61.3%
Shareholder Funds 47.4% 47.4% 61.3%
Capital Employed - - -
Total Assets Less Current Liabilities 47.4% 47.4% 61.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2013 31-Mar-2012
Liquidity Ratio 1.8 1.8 2.5
Solvency Ratio 1.9 1.9 2.6
Reserves to Assets 0.5 0.5 0.6
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2013 31-Mar-2012
Assets 81,118 81,118 137,700
Debt 42,632 42,632 53,321
Net Assets/Debt 38,486 38,486 84,379

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Termination of appointment of George Graham Vasey as a director on 10 December 2025
Termination of appointment of Mary-Alice Stack as a director on 10 December 2025
Appointment of Mr Fouad Kanaan as a director on 3 September 2025
Appointment of Ms Romilly Paris Stebbings as a director on 3 September 2025
Confirmation statement made on 22 April 2025 with no updates
Appointment of Ms Kiera Marie Blakey as a secretary on 6 March 2025
Termination of appointment of Fatos Ustek as a director on 4 December 2024
Confirmation statement made on 22 April 2024 with no updates
Termination of appointment of William Job Stern as a director on 6 March 2024
Appointment of Ms Alice Amati as a director on 6 March 2024
Appointment of Mr Lewis Dalton Gilbert as a director on 6 March 2024
Termination of appointment of Hurvin Linton Anderson as a director on 29 November 2023
Termination of appointment of Jacques Gabillon as a director on 22 May 2023
Confirmation statement made on 22 April 2023 with no updates
Termination of appointment of Claire Louise Kitchen as a director on 24 June 2022
Termination of appointment of Ceri Elizabeth Passmore as a director on 23 May 2022
Confirmation statement made on 22 April 2022 with no updates
Memorandum and Articles of Association
Resolutions
Statement of Company's objects
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