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Sought After Location Limited

09910278

active
ltd
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

Lifford Hall Lifford Lane, Kings Norton, Birmingham, B30 3JN
Incorporated 10/12/2015

Compliance

Last accounts

31/08/2025

unaudited abridged

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 12/11/2025

Due 26/11/2026

On track

Industry

68100
Buying and selling of own real estate

Officers

Myles Allan Flannigan

director · Since 10/12/2015

British · England · Age 33

William Allan Flannigan

director · Since 10/12/2015

British · United Kingdom · Age 36

Persons with Significant Control

Mr Myles Allan Flannigan

25–50% shares

British · England · Age 33

Lifford Hall, Lifford Lane, Birmingham, B303JN

Notified 01/07/2016

Mr William Allan Flannigan

25–50% shares

British · England · Age 36

Lifford Hall, Lifford Lane, Birmingham, B30 3JN

Notified 01/07/2016

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 16/05/2017Registered 31/05/2017
Charge
outstanding

HSBC BANK PLC

Created 29/03/2017Registered 31/03/2017

Change History

statusactive
2026-06-04

Active

typeltd
2026-06-04

Private Limited Company

address line1Lifford Hall Lifford Lane
2026-06-04

LIFFORD HALL LIFFORD LANE

post townBirmingham
2026-06-04

BIRMINGHAM

officer appointedFLANNIGAN, Myles Allan
2026-06-04
officer appointedFLANNIGAN, William Allan
2026-06-04

CompanyRankvs 49188+ SIC 68100 peers
48

Financial strength93th percentile among SIC peers · 23/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.8× · 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 strength23/25 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 31/08/2024

Net Worth

£538k

Balance sheet strength

Cash

£154k

Cash in the bank

Net Current Assets

-£301k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.5M

Fixed Assets

£1.2M

Debtors

£822k

0avg. employees

Balance Sheet

Assets less current liabilities£891k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.80+£73k
20230.80-£314k
20221.04+£229k
20210.74+£330k
20200.53+£140k
20190.46+£73k
20180.25

Derived from filed accounts. Not audited figures.