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Heating Trade Supplies Group Limited

09662995

active
Private Limited Company
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

TYNE VIEW TERRACE, WALLSEND, NE28 6SG
Incorporated 30/06/2015

Compliance

Last accounts

30/06/2025

unaudited abridged

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 13/11/2025

Due 27/11/2026

On track

Industry

46740
Wholesale of hardware, plumbing and heating equipment and supplies
47990
Other retail sale not in stores, stalls or markets

Officers

Mr Mustafa Erdem Baldudak

director · Since 01/11/2016

CHAIRMAN

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Mr Mustafa Erdem Baldudak

75–100% shares

British · England · Age 38

Tyne View Terrace, Wallsend, NE28 6SG

Notified 30/06/2016

Former PSCs

Mr Mark Matteo

Ceased 14/01/2019

Mr Mark Matteo

Ceased 06/11/2020

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 14/08/2023Registered 15/08/2023
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 21/04/2021Registered 21/04/2021
Charge
outstanding

HSBC BANK PLC

Created 08/05/2017Registered 10/05/2017

CompanyRankvs 581+ SIC 46740 peers
64

Financial strength83th percentile among SIC peers · 21/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.2× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees15/15 pts

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

Liquidity12/20 pts

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

Longevity11/15 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 30/06/2024

Net Worth

£371k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£415k

Working capital

Current Assets

£2.5M

Current Liabilities

£2.1M

Fixed Assets

£113k

Debtors

£238k

48avg. employees+6

Balance Sheet

Assets less current liabilities£527k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.20+£91k
20231.17—

Derived from filed accounts. Not audited figures.