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Elmwood Nursing Home Ltd

04949637

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

PINEWOOD, BUDLEIGH SALTERTON, EX9 6JP
Incorporated 31/10/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87300
Residential care activities for the elderly and disabled

Officers

Mr Philip Sadeghi

director · Since 31/10/2003

DIRECTOR

BRITISH · ENGLAND · Age 53

Mr Soroosh Sadeghi

director · Since 31/10/2003

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 3 other boards

Mr Soroosh Sadeghi

secretary · Since 21/09/2010

Also on 3 other boards

Persons with Significant Control

Mr Philip Sadeghi

50–75% shares
50–75% votes

British · England · Age 53

Pinewood, Victoria Place, Budleigh Salterton, EX9 6JP

Notified 06/04/2016

Mr Soroosh Sadeghi

25–50% shares
25–50% votes

British · England · Age 49

Pinewood, Victoria Place, Budleigh Salterton, EX9 6JP

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

ELMWOOD RESIDENTAIL HOME LIMITED

Created 25/07/2019Registered 08/08/2019
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/02/2004Registered 24/02/2004
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/01/2004Registered 19/01/2004

CompanyRankvs 1845+ SIC 87300 peers
58

Financial strength92th percentile among SIC peers · 23/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.4× · 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 strength23/25 pts

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

Employees13/15 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 31/12/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

-£193k

Working capital

Current Assets

£129k

Current Liabilities

£322k

Fixed Assets

£1.6M

Debtors

£93k

46avg. employees

Balance Sheet

Bank loans & overdrafts£22k
Assets less current liabilities£1.4M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.40+£60k
20230.53

Derived from filed accounts. Not audited figures.