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Homestead Services Limited

10214357

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

1A BOX STREET, WALSALL, WS1 2JR
Incorporated 03/06/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87300
Residential care activities for the elderly and disabled

Officers

Mr Lalit Kumar Ambasana

director · Since 03/06/2016

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 7 other boards

Persons with Significant Control

Kpsk Care Limited

75–100% shares
75–100% votes

1, Box Street, Walsall, WS1 2JR

Reg: 07686240 · Companies House Cardiff · Limited Company

Notified 01/08/2017

Former PSCs

Mr Lalit Kumar Ambasan

Ceased 01/08/2017

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 09/01/2017Registered 12/01/2017Satisfied 26/02/2025

CompanyRankvs 3960+ SIC 87300 peers
52

Financial strength8th percentile among SIC peers · 2/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.14× · 12/20
Longevity10 years trading (max 15) · 10/15
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.

Employees13/15 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.

Longevity10/15 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 31/12/2024

Net Worth

-£12k

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£116k

Current Liabilities

£102k

Fixed Assets

£104k

Debtors

£78k

41avg. employees

Tax at Year End(2023)

Corp tax£0

Director Loans(2018)

Company owes directors£726

Balance Sheet

Intangible assets£19k
Assets less current liabilities£112k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.14-£42k
20231.33+£27k
20221.10+£8k
20211.55+£6k
20202.65+£77k
20190.25-£11k
20180.29

Derived from filed accounts. Not audited figures.