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Etec Homes (Uk) Limited

08446930

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

3RD FLOOR, LONDON, EC2A 4NE
Incorporated 15/03/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
99999
Dormant company

Officers

Mr Michael Smith

secretary · Since 15/03/2013

Mr Michael Daniel Smith

director · Since 15/03/2013

DIRECTOR

ENGLISH · ENGLAND · Age 44

Also on 9 other boards

Persons with Significant Control

Whitesquare Investments Ltd

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

3rd Floor, 86-90 Paul Street, London, EC2A 4NE

Reg: 12601861 · Companies House · England And Wales

Notified 01/06/2023

Former PSCs

Mr Michael Daniel Smith

Ceased 01/06/2023

Charges3 outstanding

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outstanding

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LLOYDS BANK PLC

Created 19/06/2018Registered 25/06/2018
Charge
satisfied

LLOYDS BANK PLC

Created 19/06/2018Registered 22/06/2018Satisfied 08/06/2020
Charge
satisfied

WOODWHARF PROPERTIES LIMITED

Created 26/06/2017Registered 28/06/2017Satisfied 28/06/2018
Charge
satisfied

JBG ENTERPRISES LTD

Created 09/06/2016Registered 28/06/2016Satisfied 04/07/2017

CompanyRankvs 56722+ SIC 41100 peers
28

Financial strength2th percentile among SIC peers · 1/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees7/15 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.

Longevity13/15 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 31/05/2024

Net Worth

-£682k

Balance sheet strength

Cash

£64k

Cash in the bank

Net Current Assets

-£921k

Working capital

Current Assets

£91k

Current Liabilities

£1.0M

Debtors

£27k

1avg. employees

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities-£671k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09-£256k
20230.72-£156k
20221.65

Derived from filed accounts. Not audited figures.