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Higher State Design Limited

10373811

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)
  • Current liabilities exceed current assets (-10)

Details

C/O VERY HARD TIMES LTD, SIGNATURE, LONDON, EC3A 8BF
Incorporated 13/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74100
Specialised design activities

Officers

Ms Tara Rez

director · Since 13/09/2016

DIRECTOR

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Ms Tara Rez

75–100% votes

British · England · Age 57

C/O Very Hard Times Ltd, Signature, 30 St Mary's Axe, 28th & 29th Floors, London, EC3A 8BF

Notified 13/09/2016

CompanyRankvs 18984+ SIC 74100 peers
52

Financial strength40th percentile among SIC peers · 10/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.97× · 6/20
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 strength10/25 pts

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

Employees11/15 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.

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 30/09/2024

Net Worth

£128

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£139k

Current Liabilities

£143k

Fixed Assets

£4k

2avg. employees

Balance Sheet

Assets less current liabilities£128
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.97
20230.74

Derived from filed accounts. Not audited figures.