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Homes For Life Limited

08176171

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

7 STAMFORD SQUARE, ASHTON-UNDER-LYNE, OL6 6QU
Incorporated 10/08/2012

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 10/08/2025

Due 24/08/2026

On track

Industry

68201
Renting and operating of Housing Association real estate

Officers

Mr David Ian Cowell

director · Since 10/08/2012

PROPERTY MANAGEMENT

BRITISH · UNITED KINGDOM · Age 58

Also on 9 other boards

Mr Michael John Cowell

director · Since 10/08/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 17 other boards

Persons with Significant Control

Mr David Ian Cowell

25–50% shares

British · United Kingdom · Age 58

7, Stamford Square, Ashton-Under-Lyne, OL6 6QU

Notified 09/08/2016

Mr Michael John Cowell

25–50% shares

British · United Kingdom · Age 61

7, Stamford Square, Ashton-Under-Lyne, OL6 6QU

Notified 09/08/2016

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 06/10/2016Registered 07/10/2016
Charge
satisfied

LLOYDS BANK PLC

Created 10/07/2015Registered 25/07/2015Satisfied 08/12/2025
charge
outstanding

LLOYDS TSB BANK PLC

Created 15/01/2013Registered 29/01/2013
charge
outstanding

LLOYDS TSB BANK PLC

Created 11/01/2013Registered 12/01/2013

CompanyRankvs 888+ SIC 68201 peers
67

Financial strength99th percentile among SIC peers · 25/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 5.96× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees3/15 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.

Longevity14/15 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

Outstanding charges: -10 pts

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

£5.5M

Balance sheet strength

Cash

£97k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.3M

Current Liabilities

£225k

Fixed Assets

£4.5M

Debtors

£1.2M

0avg. employees

Tax at Year End

Corp tax£161k

Balance Sheet

Assets less current liabilities£5.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20255.96+£298k
20244.19-£1.0M
20233.93+£312k
20223.28+£306k
20212.90

Derived from filed accounts. Not audited figures.