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Solace Homes Limited

10893000

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

32 DEMONTFORT STREET, LEICESTER, LE1 7GD
Incorporated 01/08/2017

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 01/08/2025

Due 15/08/2026

On track

Industry

64209
Activities of other holding companies

Officers

Mrs Harpreet Kaur Jaswal

director · Since 01/08/2017

DIRECTOR

CANADIAN · UNITED KINGDOM · Age 53

Also on 1 other board

Mr Manjit Singh Jaswal

director · Since 01/08/2017

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

Mr Manjit Singh Jaswal

25–50% shares
25–50% votes
Appoint directors

British · England · Age 57

Gas Street, Leicester, LE1 3TR

Notified 01/08/2017

Mrs Harpreet Kaur Jaswal

25–50% shares
25–50% votes
Appoint directors

Canadian · United Kingdom · Age 53

32, Demontfort Street, Leicester, LE1 7GD

Notified 01/07/2025

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 07/12/2018Registered 18/12/2018
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 07/12/2018Registered 11/12/2018

CompanyRankvs 18311+ SIC 64209 peers
34

Financial strength69th percentile among SIC peers · 17/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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18311Solace Homes Limited
53
How is this score calculated?
Financial strength17/25 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.

Liquidity2/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group. 2.3. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/03/2025

Net Worth

£67k

Balance sheet strength

Cash

£76k

Cash in the bank

Net Current Assets

-£1.6M

Working capital

Current Assets

£76k

Current Liabilities

£1.7M

Fixed Assets

£1.7M

2avg. employees

Tax at Year End(2021)

Corp tax£0

Balance Sheet

Assets less current liabilities£67k
Signed by Mr Manjit Jaswal 19 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.05+£9k
20240.04—
2021—-£891
2020—-£1.0M

Derived from filed accounts. Not audited figures.