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Omega Home Improvements Ltd

11537628

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

169 CASTLE BOULEVARD, NOTTINGHAM, NG7 1GN
Incorporated 25/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31020
Manufacture of kitchen furniture
47540
Retail sale of electrical household appliances in specialised stores
47750
Retail sale of cosmetic and toilet articles in specialised stores
96090
Other personal service activities

Officers

Muhammad Khalid

director · Since 26/01/2022

BUSINESS PERSON

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Muhammad Khalid

75–100% shares
Appoint directors

British · England · Age 51

169, Castle Boulevard, Nottingham, NG7 1GN

Notified 26/01/2022

Former PSCs

Mr Muhammad Khalid

Ceased 08/06/2021

Khalid Mehmood

Ceased 25/06/2024

Hamera Asim

Ceased 26/01/2022

CompanyRankvs 1139+ SIC 31020 peers
48

Financial strength4th percentile among SIC peers · 1/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 5.78× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees4/15 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.

Longevity8/15 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 31/08/2024

Net Worth

-£95k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£32k

Working capital

Current Assets

£39k

Current Liabilities

£7k

Fixed Assets

£3k

1avg. employees

Tax at Year End(2023)

VAT£10k

Balance Sheet

Assets less current liabilities£36k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20245.78-£17k
20230.35-£44k£192k
20221.15-£38k
20213.26+£2k
20202.03
20191.01

Derived from filed accounts. Not audited figures.