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The Hastings Sofa Company Limited

11706027

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE HASTINGS SOFA COMPANY LIMITED, ST LEONARDS-ON-SEA, TN38 9XF
Incorporated 30/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture
47599
Retail sale of furniture, lighting equipment and other household articles

Officers

Mr Danny George Cleaver

director · Since 30/11/2018

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Mr Marc Alan Gall

director · Since 30/11/2018

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 4 other boards

Mr Mark Hillyard

director · Since 02/01/2019

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 2 other boards

Persons with Significant Control

1066 Asset Holdings Limited

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

1066 Asset Holdings, Menzies Road, St Leonards-On-Sea, TN38 9XF

Reg: 11717237 · England · Private Limited Company

Notified 29/05/2019

Former PSCs

Mr Marc Alan Gall

Ceased 02/01/2019

Mr Danny George Cleaver

Ceased 02/01/2019

Charges1 outstanding

Charge
outstanding

PULSE FINANCE LIMITED

Created 29/01/2026Registered 29/01/2026
Charge
satisfied

PULSE CASHFLOW FINANCE LIMITED

Created 18/12/2018Registered 19/12/2018Satisfied 30/04/2026

CompanyRankvs 2267+ SIC 31090 peers
48

Financial strength54th percentile among SIC peers · 14/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength14/25 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.

Liquidity6/20 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.

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 31/03/2025

Net Worth

£4k

Balance sheet strength

Cash

£63k

Cash in the bank

Net Current Assets

-£26k

Working capital

Current Assets

£907k

Current Liabilities

£932k

Fixed Assets

£31k

Debtors

£563k

45avg. employees-6

Balance Sheet

Assets less current liabilities£5k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.97+£79k
20240.91-£13k
20230.94-£79k
20221.08+£15k
20211.11-£522
20201.01

Derived from filed accounts. Not audited figures.