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Droitwich Housing Limited

10945827

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 7 outstanding charges (-10)

Details

ROSEHILL HOUSE, WORCESTER, WR5 1EY
Incorporated 05/09/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Kidar Joshi

director · Since 05/09/2017

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 10 other boards

Mr Mehrdad Solimanifar

director · Since 18/07/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Persons with Significant Control

Mr Kidar Joshi

50–75% shares
50–75% votes
Appoint directors

British · England · Age 58

12 Warley Croft, Oldbury, B68 9JQ

Notified 18/07/2018

Mr Mehrdad Solimanifar

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

British · United Kingdom · Age 60

Rose Hill House Rose Hill, Worcester, WR5 1EY

Notified 18/07/2018

Former PSCs

Mr Kidar Joshi

Ceased 17/07/2018

Charges7 outstanding

Charge
outstanding

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ALDERMORE BANK PLC

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Charge
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CYNERGY BANK LIMITED

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Charge
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ALDERMORE BANK PLC

Created 25/07/2018Registered 26/07/2018
Charge
outstanding

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Created 25/07/2018Registered 26/07/2018

CompanyRankvs 34010+ SIC 68209 peers
60

Financial strength93th percentile among SIC peers · 23/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.13× · 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 strength23/25 pts

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

Employees3/15 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 30/09/2025

Net Worth

£1.0M

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.9M

Current Liabilities

£900k

Fixed Assets

£5k

Debtors

£59k

Profit After Tax

-£23k

0avg. employees

Tax at Year End

Corp tax£9k

Balance Sheet

Bank loans & overdrafts£162k
Assets less current liabilities£1.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.13-£23k
20242.04-£1k
20231.71+£167k
20220.90+£103k
20211.21-£10k
20200.24+£378k
20190.09+£450k

Derived from filed accounts. Not audited figures.