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Buyithomes Limited

08361487

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 2, POTTERS BAR, EN6 1TL
Incorporated 15/01/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Mehmet Ali

director · Since 15/01/2013

DEVELOPER

BRITISH · UNITED KINGDOM · Age 64

Also on 2 other boards

Mr Hasan Emin

director · Since 15/01/2013

DEVELOPER

BRITISH · UNITED KINGDOM · Age 54

Persons with Significant Control

Mr Mehmet Ali

50–75% shares

British · England · Age 60

Unit 2, 32-34 Station Close, Potters Bar, EN6 1TL

Notified 01/01/2017

Charges2 outstanding

Charge
outstanding

MONUMENT BANK LIMITED

Created 29/07/2022Registered 05/08/2022
Charge
outstanding

BELMONT GREEN FINANCE LIMITED

Created 25/09/2018Registered 08/10/2018
Charge
satisfied

DAVID SHAFIER & MICHAEL BERG

Created 05/03/2018Registered 05/03/2018Satisfied 07/07/2022
Charge
satisfied

METRO BANK PLC

Created 16/06/2017Registered 22/06/2017Satisfied 31/08/2022
Charge
satisfied

METRO BANK PLC

Created 16/06/2017Registered 22/06/2017Satisfied 08/08/2022
Charge
satisfied

METRO BANK PLC

Created 16/06/2017Registered 22/06/2017Satisfied 02/08/2022

CompanyRankvs 9548+ SIC 68100 peers
69

Financial strength87th percentile among SIC peers · 22/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.78× · 16/20
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 strength22/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 31/01/2025

Net Worth

£162k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£16k

Current Liabilities

£9k

Fixed Assets

£1.9M

Debtors

£6k

2avg. employees

Tax at Year End

Corp tax£6k

Balance Sheet

Assets less current liabilities£1.9M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20251.78+£4k
20241.99+£4k

Derived from filed accounts. Not audited figures.