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Tangible Happiness Ltd

12405156

activeactive proposal to strike off
ltd
england wales
Companies House
Registered office in dispute
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

12405156 - COMPANIES HOUSE DEFAULT ADDRESS, Cardiff, CF14 8LH
Incorporated 15/01/2020

Compliance

Last accounts

30/06/2024

micro entity

Next accounts due

29/06/2026

On track

Confirmation statement

Last: 12/11/2025

Due 26/11/2026

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
87200
Residential care activities for mental health, substance abuse and intellectual disabilities

Officers

Ivan Zammit

director · Since 15/01/2020

British · United Kingdom · Age 40

Persons with Significant Control

Dr Ivan Zammit

75–100% shares

British · United Kingdom · Age 40

20-22, Wenlock Road, London, N1 7GU

Notified 15/01/2020

Charges1 outstanding

Charge
outstanding

IVAN ZAMMIT

Created 31/01/2020Registered 03/02/2020

Change History

statusactive
2026-06-09

Active - Proposal to Strike off

typeltd
2026-06-09

Private Limited Company

post townCardiff
2026-06-09

CARDIFF

officer appointedZAMMIT, Ivan, Dr
2026-06-09

CompanyRankvs 121539+ SIC 68100 peers
25

Financial strength20th percentile among SIC peers · 5/25
Employees60th percentile among SIC peers · 9/15
LiquidityNo balance sheet data · 0/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength5/25 pts

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

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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 30/06/2024

Net Worth

-£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£369k

Working capital

Current Assets

Current Liabilities

£369k

Fixed Assets

£412k

1avg. employees

Balance Sheet

Assets less current liabilities£43k
Signed by Dr Ivan Zammit 10 September 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£2k
20230.00-£2k
20220.00
20210.02

Derived from filed accounts. Not audited figures.