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My Home Entertainment Ltd

09727221

active
Private Limited Company
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

8 BOSSALL, YORK, YO60 7NT
Incorporated 11/08/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47430
Retail sale of audio and video equipment in specialised stores

Officers

Mr Adam James Parry

director · Since 11/08/2015

DIRECTOR

BRITISH · ENGLAND · Age 39

Mr Gareth Parry

director · Since 11/08/2015

DIRECTOR

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr Gareth Parry

25–50% shares

British · England · Age 41

8, Bossall, York, YO60 7NT

Notified 06/04/2016

Mr Adam James Parry

50–75% shares
50–75% votes

British · England · Age 39

8, Bossall, York, YO60 7NT

Notified 13/08/2024

CompanyRankvs 477+ SIC 47430 peers
53

Financial strength6th percentile among SIC peers · 2/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 8.16× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees5/15 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

-£52k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£11k

Current Liabilities

£1k

Debtors

£1k

1avg. employees

Tax at Year End(2018)

Corp tax£325

Balance Sheet

Bank loans & overdrafts£12k
Assets less current liabilities£10k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20248.16-£3k
202311.95-£6k
202240.69-£12k
202120.10-£15k
2020305.35-£6k
201936.80-£7k
201816.52

Derived from filed accounts. Not audited figures.