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Home Ware Outlet Ltd

09072897

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

21-23 HARKNESS STREET, MANCHESTER, M12 6BT
Incorporated 05/06/2014

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

28/03/2027

On track

Confirmation statement

Last: 06/07/2025

Due 20/07/2026

On track

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Sulman Shahid Ahmed

director · Since 01/12/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 1 other board

Persons with Significant Control

Mr Sulman Shahid Ahmed

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

British · United Kingdom · Age 39

25, Finney Lane, Cheadle, SK8 3DU

Notified 06/04/2016

CompanyRankvs 46308+ SIC 47910 peers
44

Financial strength10th percentile among SIC peers · 3/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 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.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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

-£14k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£32k

Current Liabilities

£35k

Debtors

£17k

1avg. employees

Balance Sheet

Bank loans & overdrafts£11k
Assets less current liabilities-£3k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.91+£23k
20230.47-£19k
20220.93+£30k
20210.49-£680
20200.64-£11k
20190.57

Derived from filed accounts. Not audited figures.