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Bond Worth Limited

05028461

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

TOWNSEND WORKS, KIDDERMINSTER, DY11 5DF
Incorporated 28/01/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

13931
Manufacture of woven or tufted carpets and rugs

Officers

Mr Khalid Mohammed Affara

director · Since 28/01/2004

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 10 other boards

Mr Tariq Mohammed Affara

director · Since 31/08/2005

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 14 other boards

Persons with Significant Control

Mr Tariq Mohammed Affara

Appoint directors

British · England · Age 54

Townsend Works, Kidderminster, DY11 5DF

Notified 06/04/2016

Mr Khalid Mohammed Affara

Appoint directors

British · England · Age 59

Townsend Works, Kidderminster, DY11 5DF

Notified 06/04/2016

Former PSCs

Bond Worth Holdings Nv

Ceased 12/03/2018

Charges1 outstanding

charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED

Created 25/10/2010Registered 26/10/2010Satisfied 10/08/2015
charge
outstanding

BOND WORTH HOLDINGS LIMITED

Created 30/04/2004Registered 06/05/2004
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER)

Created 29/04/2004Registered 30/04/2004Satisfied 07/08/2015
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 29/04/2004Registered 30/04/2004Satisfied 07/08/2015

CompanyRankvs 57+ SIC 13931 peers
35

Financial strength2th percentile among SIC peers · 1/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.36× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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8The Wilton Carpet Factory Limited
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10Littner Hampton Limited
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57Bond Worth Limited
45
How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 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 31/08/2024

Net Worth

-£1.7M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£418k

Working capital

Current Assets

£241k

Current Liabilities

£676k

Fixed Assets

£1k

7avg. employees

Balance Sheet

Assets less current liabilities-£418k
Signed by 1.9.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.36-£14k
20230.38-£7k
20220.38-£28k
20210.42-£16k
20200.45-£30k
20190.45-£69k
20180.51—

Derived from filed accounts. Not audited figures.