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Ideal Heating Ltd

12332220

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)
  • Negative net worth (-10)

Details

24 LONGNOR ROAD, CHEADLE, SK8 3BW
Incorporated 25/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25210
Manufacture of central heating radiators and boilers
46740
Wholesale of hardware, plumbing and heating equipment and supplies

Officers

Mr Sarfraz Ali

director · Since 21/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Persons with Significant Control

Mr Sarfraz Ali

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

British · England · Age 48

24 Longnor Road, Heald Green, Cheadle, SK8 3BW

Notified 21/12/2020

Former PSCs

Mr Peter Valaitis

Ceased 26/11/2020

Mr Bryan Thornton

Ceased 21/12/2020

Cfs Secretaries Limited

Ceased 21/12/2020

CompanyRankvs 122+ SIC 25210 peers
32

Financial strength6th percentile among SIC peers · 2/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.08× · 2/20
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 strength2/25 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.

Liquidity2/20 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 30/11/2024

Net Worth

-£28k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£900

Current Liabilities

£11k

Fixed Assets

£3k

1avg. employees

Balance Sheet

Assets less current liabilities-£7k
Signed by 1.12.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.08+£11k
20230.07-£1k
20220.11+£6k
20211.67
20202.00

Derived from filed accounts. Not audited figures.