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Heartlands Furniture (Wholesale) Limited

03789369

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
30/30
Financial
30/40
Risk
  • 5 outstanding charges (-10)

Details

HEARTLANDS HOUSE, SMETHWICK, B66 2TA
Incorporated 14/06/1999

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 14/06/2026

Due 28/06/2027

On track

Industry

46470
Wholesale of furniture, carpets and lighting equipment

Officers

Mr Saleem Javid Shareef

director · Since 14/06/1999

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 12 other boards

Persons with Significant Control

Heartlands Topco Ltd

75–100% shares

Heartlands House, Cranford Street, Smethwick, B66 2TA

Reg: 10015417 · Companies House · Limited Company

Notified 30/08/2016

Charges5 outstanding

Charge
outstanding

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CompanyRankvs 107+ SIC 46470 peers
76

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.79× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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107Heartlands Furniture (Wholesale) Limited
82
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

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

Longevity15/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2025

Turnover

£4.3M

Annual revenue

Net Worth

£2.0M

Balance sheet strength

Cash

£315k

Cash in the bank

Profit Before Tax

£245k

Bottom line earnings

Net Current Assets

£2.6M

Working capital

Current Assets

£5.9M

Current Liabilities

£3.3M

Fixed Assets

£615k

Debtors

£1.6M

Cost of Sales

£2.4M

Gross Profit

£1.9M

Admin Expenses

£1.3M

Operating Profit

£251k

Profit After Tax

£293k

32avg. employees-3

Tax at Year End

Corp tax£169k

Balance Sheet

Bank loans & overdrafts£726k
Assets less current liabilities£3.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.79-£307k
20241.88-£3.4M
20232.77—

Derived from filed accounts. Not audited figures.