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Hurstlane Limited

04032032

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

CASTLE HOUSE, ENGLEFIELD GREEN, TW20 0QX
Incorporated 12/07/2000

Compliance

Last accounts

31/03/2024

full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 30/06/2025

Due 14/07/2026

On track

Industry

68201
Renting and operating of Housing Association real estate

Officers

Mr Amar Sheikh

director · Since 30/09/2003

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 47 other boards

Mrs Shereen Ali

director · Since 29/09/2021

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 33 other boards

Mr Jamil Sheikh

director · Since 29/09/2021

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 32 other boards

Persons with Significant Control

Guardswell Group Limited

25–50% shares
25–50% votes

Castle House, 69-70 Victoria Street, Englefield Green, TW20 0QX

Reg: 16033797 · England & Wales · Companies House

Notified 29/10/2024

Former PSCs

Mr Amar Sheikh

Ceased 29/10/2024

Mr Momin Sheikh

Ceased 29/09/2021

Gsc Fiduciaries Limited

Ceased 29/10/2024

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 31/10/2013Registered 12/11/2013
Charge
outstanding

BARCLAYS BANK PLC

Created 31/10/2013Registered 11/11/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/12/2003Registered 11/12/2003Satisfied 20/01/2017
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 19/04/2002Registered 27/04/2002Satisfied 28/06/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/04/2001Registered 25/04/2001Satisfied 28/06/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/04/2001Registered 25/04/2001Satisfied 28/06/2014

CompanyRankvs 1199+ SIC 68201 peers
56

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Liquidity6/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going con

Key FinancialsYear ending 31/03/2024

Turnover

£5.3M

Annual revenue

Net Worth

£21.5M

Balance sheet strength

Cash

£577k

Cash in the bank

Profit Before Tax

£248k

Bottom line earnings

Net Current Assets

-£197k

Working capital

Current Assets

£9.5M

Current Liabilities

£9.7M

Fixed Assets

£31.1M

Debtors

£5.2M

Cost of Sales

£551k

Gross Profit

£4.8M

Admin Expenses

£4.3M

Operating Profit

£534k

Profit After Tax

£178k

88avg. employees+15

Tax at Year End

Corp tax£8k

People Costs

Wages & salaries£2.6M
NI contributions£266k

Balance Sheet

Intangible assets£1
Assets less current liabilities£30.9M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.98+£178k
20230.97+£1.2M
20221.02-£1.0M
20211.02+£163k
20201.01+£104k
20190.98

Derived from filed accounts. Not audited figures.