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Heartlands Furniture (Wholesale) Limited

03789369

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • 5 outstanding charges (-10)

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46470
Wholesale of furniture, carpets and lighting equipment

Officers

Mr Saleem Javid Shareef

director · Since 14/06/1999

DIRECTOR

BRITISH · ENGLAND · Age 60

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 106+ SIC 46470 peers
76

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.88× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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106Heartlands 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 31/08/2024

Net Worth

£2.3M

Balance sheet strength

Cash

£269k

Cash in the bank

Net Current Assets

£2.5M

Working capital

Current Assets

£5.3M

Current Liabilities

£2.8M

Fixed Assets

£611k

Debtors

£1.3M

35avg. employees

Tax at Year End

Corp tax£151k

Balance Sheet

Bank loans & overdrafts£217k
Assets less current liabilities£3.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.88-£3.4M
20232.77-£88k
20222.45—

Derived from filed accounts. Not audited figures.