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Sofa World Ltd

11991311

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

UNIT 3A CALDER VALE MILLS, DEWSBURY, WF13 3JL
Incorporated 13/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture

Officers

Mr Muhammad Nadeem Malak

director · Since 13/05/2019

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 40

Mr Naeem Ahmad

director · Since 24/01/2024

BUSINESS PERSON

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Muhammad Nadeem Malak

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

British · England · Age 40

Unit 3a, Calder Vale Mills, Dewsbury, WF13 3JL

Notified 13/05/2019

Mr Naeem Ahmad

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

British · England · Age 45

Unit 3a, Calder Vale Mills, Dewsbury, WF13 3JL

Notified 24/01/2024

CompanyRankvs 578+ SIC 31090 peers
77

Financial strength78th percentile among SIC peers · 20/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.12× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 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.

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.

Longevity7/15 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 31/05/2025

Net Worth

£47k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£98k

Working capital

Current Assets

£184k

Current Liabilities

£87k

Fixed Assets

£71k

Debtors

£31k

32avg. employees

Balance Sheet

Assets less current liabilities£169k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.12+£0
20252.12+£3k
20241.31+£204
20231.38+£3k
20221.24+£33k
20211.00+£7k
20200.99

Derived from filed accounts. Not audited figures.