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Westcombe Homes Limited

09894362

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)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

7 CHURCHILL COURT 58 STATION ROAD, HARROW, HA2 7SA
Incorporated 30/11/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Kamal Pankhania

director · Since 30/11/2015

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Mr Sunil Pankhania

director · Since 30/11/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 28 other boards

Vraj Pankhania

director · Since 30/11/2015

PROPERTY DEVELOPER

BRITISH · UNITED KINGDOM · Age 75

Also on 24 other boards

Persons with Significant Control

Mr Kamal Pankhania

25–50% shares
25–50% votes

British · United Kingdom · Age 48

7 Churchill Court, 58 Station Road, Harrow, HA2 7SA

Notified 06/04/2016

Mr Sunil Pankhania

25–50% shares
25–50% votes

British · United Kingdom · Age 43

7, Churchill Court, Harrow, HA2 7SA

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

CYNERGY BANK LIMITED

Created 29/09/2021Registered 07/10/2021
Charge
outstanding

CYNERGY BANK LIMITED

Created 29/09/2021Registered 07/10/2021
Charge
outstanding

OAKNORTH BANK PLC

Created 20/02/2019Registered 04/03/2019
Charge
satisfied

BANK OF INDIA

Created 20/05/2016Registered 24/05/2016Satisfied 22/02/2019
Charge
satisfied

BANK OF INDIA

Created 20/05/2016Registered 24/05/2016Satisfied 22/02/2019

CompanyRankvs 43354+ SIC 68100 peers
50

Financial strength99th percentile among SIC peers · 25/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.75× · 6/20
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 strength25/25 pts

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

Employees3/15 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.

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 30/11/2024

Net Worth

£6.1M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£6.1M

Working capital

Current Assets

£17.9M

Current Liabilities

£24.0M

Fixed Assets

£50k

0avg. employees

Tax at Year End(2023)

Corp tax£42k

Balance Sheet

Assets less current liabilities£6.0M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.75+£11.7M
20230.76-£1.6M
20221.77-£925k
20211.60-£1.1M
20201.86-£832k
20192.08

Derived from filed accounts. Not audited figures.