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Tower Hamlets Homes Limited

06249790

liquidation
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
england wales
Companies House
Insolvency history
Health Score
N/A

Details

25 FARRINGDON STREET, LONDON, EC4A 4AB
Incorporated 16/05/2007

Compliance

Last accounts

31/03/2023

full

Next accounts due

25/06/2025

Overdue

Confirmation statement

Last: 26/06/2024

Due 10/07/2025

Overdue

Industry

68320
Management of real estate on a fee or contract basis

Officers

Mr Abu Talha Chowdhury

director · Since 05/08/2022

COUNCILLOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Ms Denise Carol Radley

director · Since 26/10/2023

CORPORATE DIRECTOR & DEPUTY CHIEF EXECUT

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mr Mohammed Lutfur Rahman

director · Since 26/10/2023

MAYOR OF THE LONDON BOROUGH OF TOWER HAM

BRITISH · ENGLAND · Age 60

Persons with Significant Control

The London Borough Of Tower Hamlets

Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

Tower Hamlets Town Hall, 160 Whitechapel Road, London, E1 1BJ

Reg: N/A · Local Government Authority · Local Government Authority

Notified 06/04/2016

London Borough Tower Hamlets

75–100% shares
75–100% votes
Appoint directors
significant-influence-or-control-as-firm

5, Clove Crescent, London, E14 2BG

Notified 16/04/2016

Insolvency History1 case

members voluntary liquidation08/07/2025

Karen Ann Spears (practitioner) · Matthew Robert Haw (practitioner) · Terence Guy Jackson (practitioner)

CompanyRankvs 15+ SIC 68320 peers
30

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.41× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity20/20 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

Insolvency history: -10 pts

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

Going Concern Doubt

applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements. • assess the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and • use the going concern basis of accounting unless they either intend to liquidate the company or to cease operat

Key FinancialsYear ending 31/03/2023

Turnover

£43.5M

Annual revenue

Net Worth

£4.2M

Balance sheet strength

Cash

£7.5M

Cash in the bank

Profit Before Tax

-£3.8M

Bottom line earnings

Net Current Assets

£4.1M

Working capital

Current Assets

£7.9M

Current Liabilities

£3.3M

Fixed Assets

£88k

Debtors

£340k

Operating Profit

-£4.1M

Profit After Tax

-£3.8M

526avg. employees

Tax at Year End

Corp tax£15k
VAT£779k

People Costs

Wages & salaries£21.6M
NI contributions£2.4M

Balance Sheet

Assets less current liabilities£43.8M
Signed by 01 April 2022Prepared with FINTAGS

EstimatesDerived

YearCurrent RatioEst. Revenue
20232.41£15.6M

Derived from filed accounts. Not audited figures.