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Second City Housing Ltd

10395631

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

6 WELL STREET, BIRMINGHAM, B19 3BG
Incorporated 27/09/2016

Compliance

Last accounts

30/09/2024

small

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 08/03/2026

Due 22/03/2027

On track

Industry

82990
Other business support service activities
87900
Other residential care activities

Officers

Mr Darren Gavin Davey

director · Since 27/09/2016

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 11 other boards

Persons with Significant Control

Sch Uk Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

149, Spon Lane, West Bromwich, B70 6AS

Reg: 13145571 · Companies House · Limited Company

Notified 01/07/2021

Former PSCs

Mr Darren Gavin Davey

Ceased 01/07/2021

CompanyRankvs 17005+ SIC 82990 peers
67

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.33× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees15/15 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con

Key FinancialsYear ending 30/09/2024

Turnover

£21.2M

Annual revenue

Net Worth

£1.9M

Balance sheet strength

Cash

£465k

Cash in the bank

Profit Before Tax

£1.3M

Bottom line earnings

Net Current Assets

£1.2M

Working capital

Current Assets

£4.9M

Current Liabilities

£3.7M

Fixed Assets

£1.6M

Debtors

£4.4M

Cost of Sales

£14.3M

Gross Profit

£6.9M

Admin Expenses

£5.1M

Operating Profit

£1.8M

Profit After Tax

£1.0M

38avg. employees

Tax at Year End

Corp tax£461k
Dividends paid£1.0M

People Costs

Wages & salaries£1.3M
NI contributions£107k

Balance Sheet

Assets less current liabilities£2.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.33+£24k
20231.85+£58k
20223.76+£1.1M
202110.32
20202.69
20192.08
20181.78

Derived from filed accounts. Not audited figures.