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Heat Lite Ltd

07193538

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

98 GLEBELANDS AVENUE, NEWBURY PARK, IG2 7DL
Incorporated 17/03/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Usman Mohammed Farooq

director · Since 17/03/2010

GAS ENGINEER

BRITISH · ENGLAND · Age 46

Also on 1 other board

Mrs Shazia Mohamed

secretary · Since 25/03/2026

Persons with Significant Control

Usman Mohammed Farooq

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 46

98, Glebelands Avenue, Ilford, IG2 7DL

Notified 17/03/2017

CompanyRankvs 2126+ SIC 43220 peers
80

Financial strength89th percentile among SIC peers · 22/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 50.94× · 20/20
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 strength22/25 pts

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

Employees8/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£108k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£76k

Working capital

Current Assets

£78k

Current Liabilities

£2k

Fixed Assets

£34k

2avg. employees

Balance Sheet

Assets less current liabilities£110k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202550.94+£9k
20244.62+£18k
20233.16

Derived from filed accounts. Not audited figures.