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Second Chance Housing Ltd

07274686

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

FIRST FLOOR 20, MANCHESTER, M4 5JW
Incorporated 07/06/2010

Compliance

Last accounts

30/06/2024

micro entity

Next accounts due

31/03/2026

Overdue

Confirmation statement

Last: 07/06/2025

Due 21/06/2026

On track

Industry

87900
Other residential care activities

Officers

Mr Asif Mughal

director · Since 07/06/2010

NONE

BRITISH · UNITED KINGDOM · Age 37

Also on 8 other boards

Mr Nadeem Mughal

director · Since 07/06/2010

NONE

BRITISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr Asif Mughal

Significant control

British · England · Age 37

07274686 - Companies House Default Address, Cardiff, CF14 8LH

Notified 01/07/2017

CompanyRankvs 335+ SIC 87900 peers
83

Financial strength86th percentile among SIC peers · 22/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 9.35× · 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.

Employees11/15 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 30/06/2024

Net Worth

£116k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£115k

Working capital

Current Assets

£129k

Current Liabilities

£14k

Fixed Assets

£687

6avg. employees-1

Balance Sheet

Assets less current liabilities£116k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20249.35+£16k
20238.90+£24k
202212.41+£4k
20217.09+£11k
202010.07+£15k
20197.46+£9k
20186.80

Derived from filed accounts. Not audited figures.