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Honest Equity Release Limited

11049340

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

4 BRACKEN WAY, BENFLEET, SS7 3RA
Incorporated 06/11/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66190
Other activities auxiliary to financial services

Officers

Miss Sharon Coatalen

director · Since 06/11/2017

DIRECTOR

BRITISH · ENGLAND · Age 63

Persons with Significant Control

Miss Sharon Coatalen

Significant control

British · England · Age 63

4, Bracken Way, Benfleet, SS7 3RA

Notified 06/11/2017

CompanyRankvs 3503+ SIC 66190 peers
51

Financial strength37th percentile among SIC peers · 9/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.15× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 pts

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

Employees6/15 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.

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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£110

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£18k

Current Liabilities

£15k

Fixed Assets

£619

Debtors

£15k

1avg. employees

Balance Sheet

Bank loans & overdrafts£3k
Assets less current liabilities£3k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20241.15
20231.28
20221.48
20212.18

Derived from filed accounts. Not audited figures.