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Affordable Homes (Wales) Limited

06593641

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

C/O WATTS GREGORY ELFED HOUSE, OAK TREE COURT, CARDIFF, CF23 8RS
Incorporated 14/05/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mrs Christine Patricia O'Sullivan

secretary · Since 14/05/2008

Mr Kevin Thomas O'Sullivan

director · Since 14/05/2008

DIRECTOR

BRITISH · WALES · Age 63

Also on 1 other board

Mr Dennis Murphy

director · Since 16/07/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 7 other boards

Mr Christopher John Anthony Cummings

director · Since 10/09/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Persons with Significant Control

Mr Kevin Thomas O'Sullivan

25–50% shares
25–50% votes

British · Wales · Age 63

Elfed House, Oak Tree Court, Mulberry Drive, Cardiff, CF23 8RS

Notified 06/04/2016

Mr Christopher John Anthony Cummings

25–50% shares
25–50% votes

British · United Kingdom · Age 65

Elfed House, Oak Tree Court, Mulberry Drive, Cardiff, CF23 8RS

Notified 06/04/2016

Mr Dennis Murphy

25–50% shares
25–50% votes

British · United Kingdom · Age 67

Elfed House, Oak Tree Court, Mulberry Drive, Cardiff, CF23 8RS

Notified 06/04/2016

CompanyRankvs 114199+ SIC 82990 peers
39

Financial strength2th percentile among SIC peers · 1/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.47× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees6/15 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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

-£219k

Balance sheet strength

Cash

£43k

Cash in the bank

Net Current Assets

-£219k

Working capital

Current Assets

£195k

Current Liabilities

£414k

1avg. employees

Director Loans

Company owes directors£413k

Balance Sheet

Assets less current liabilities-£219k
Signed by Mr C J Cummings 03/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.47-£306
20240.47-£282
20230.47-£346
20220.47-£1k
20210.50
20200.50
20190.76
20180.76

Derived from filed accounts. Not audited figures.