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Desired Hearts Limited

04549821

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

23 STOREY CRESCENT, NEWBIGGIN-BY-THE-SEA, NE64 6LG
Incorporated 01/10/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32120
Manufacture of jewellery and related articles

Officers

Ian Thomas Patterson

secretary · Since 01/10/2002

SOFTWARE ENGINEER

BRITISH · Age 71

Also on 1 other board

Mrs Elizabeth Leigh Patterson

director · Since 01/10/2002

PROPRIETOR CONTRACT CLEANING B

BRITISH · UNITED KINGDOM · Age 67

Also on 1 other board

Persons with Significant Control

Mrs Elizabeth Leigh Patterson

25–50% shares

British · United Kingdom · Age 67

23, Storey Crescent, Newbiggin-By-The-Sea, NE64 6LG

Notified 01/09/2016

Charges1 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 14/07/2003Registered 23/07/2003

CompanyRankvs 1681+ SIC 32120 peers
27

Financial strength6th percentile among SIC peers · 2/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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 30/04/2026

Net Worth

-£35k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£35k

Working capital

Current Assets

£220

Current Liabilities

£35k

0avg. employees-1

Balance Sheet

Assets less current liabilities-£35k
Signed by 4 DESIRED HEARTS LIMITEDPrepared with TinyTax

EstimatesDerived

YearCurrent RatioImplied Profit
20260.01+£4k
20250.00-£2k
2024Infinity-£809
2023Infinity—

Derived from filed accounts. Not audited figures.