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Happy Lock Limited

10665444

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • 5 outstanding charges (-10)

Details

C/O UK STORAGE CONSULTANCY LIMITED, WEWORK, LONDON, W6 7NL
Incorporated 13/03/2017

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 25/03/2026

Due 08/04/2027

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr Iyngaran Muniandy

director · Since 20/03/2024

MANAGING DIRECTOR

MALAYSIAN · UNITED KINGDOM · Age 38

Also on 48 other boards

Mr Alexander Maurice Mason

director · Since 20/03/2026

BRITISH · UNITED KINGDOM · Age 33

Also on 40 other boards

Mr Richard Charles Drummond Owen

director · Since 20/03/2026

BRITISH · UNITED KINGDOM · Age 33

Also on 41 other boards

Persons with Significant Control

Padlock Uk Bidco 2 Limited

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

4 More London, Riverside, London, SE1 2AU

Reg: 12709749 · Companies House · Private Limited Company

Notified 22/12/2020

Former PSCs

Mr Joshua Nimmo

Ceased 22/12/2020

Mr Max Sangster

Ceased 22/12/2020

Mr Richard Owen

Ceased 22/12/2020

Charges5 outstanding

Charge
outstanding

MOUNT STREET MORTGAGE SERVICING LIMITED

Created 19/12/2025Registered 23/12/2025
Charge
outstanding

MOUNT STREET MORTGAGE SERVICING LIMITED

Created 14/04/2025Registered 17/04/2025
Charge
outstanding

MOUNT STREET MORTGAGE SERVICING LIMITED

Created 18/03/2025Registered 20/03/2025
Charge
outstanding

MOUNT STREET MORTGAGE SERVICING LIMITED

Created 28/08/2024Registered 02/09/2024
Charge
outstanding

MOUNT STREET MORTGAGE SERVICING LIMITED

Created 02/08/2024Registered 07/08/2024
Charge
satisfied

BCMGLOBAL (UK) LIMITED AS SECURITY AGENT

Created 15/04/2021Registered 23/04/2021Satisfied 05/08/2024

CompanyRankvs 2656+ SIC 68100 peers
74

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.04× · 20/20
Longevity9 years trading (max 15) · 9/15
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.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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 31/12/2024

Net Worth

£2.4M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£168k

Working capital

Current Assets

£330k

Current Liabilities

£162k

Debtors

£0

Profit After Tax

£82k

5avg. employees

Tax at Year End

Corp tax£14k

People Costs

Wages & salaries£62k

Balance Sheet

Interest payable£45k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.04+£682k
20230.81+£82k
20220.36+£318k
20210.19

Derived from filed accounts. Not audited figures.