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Optimal Heating Solutions Ltd

12286970

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

101 HIGHAM ROAD, LONDON, N17 6NU
Incorporated 29/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Ravinder Singh

director · Since 29/10/2019

DIRECTOR

BRITISH · ENGLAND · Age 27

Persons with Significant Control

Mr Ravinder Singh

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

British · England · Age 27

101, Higham Road, London, N17 6NU

Notified 29/10/2019

CompanyRankvs 18692+ SIC 43220 peers
52

Financial strength37th percentile among SIC peers · 9/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 2.8× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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18692Optimal Heating Solutions Ltd
51
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.

Employees1/15 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 31/10/2024

Net Worth

£675

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£675

Working capital

Current Assets

£1k

Current Liabilities

£375

0avg. employees

Balance Sheet

Assets less current liabilities£675
Signed by 1.11.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20242.80
20230.03
20220.41

Derived from filed accounts. Not audited figures.