Tower Hamlets Homes Limited
06249790
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 05/08/2022
COUNCILLOR
BRITISH · ENGLAND · Age 35
Also on 1 other board
director · Since 26/10/2023
CORPORATE DIRECTOR & DEPUTY CHIEF EXECUT
BRITISH · ENGLAND · Age 55
Also on 1 other board
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
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
5, Clove Crescent, London, E14 2BG
Notified 16/04/2016
CompanyRankvs 15+ SIC 68320 peers40
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
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
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2023 | 2.41 | +£200k | £15.6M |
| 2022 | 1.90 | -£592k | £7.8M |
| 2021 | 2.30 | — | £6.2M |
Derived from filed accounts. Not audited figures.