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Homecare Team Ltd

12791529

active
Private Limited Company
england wales
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

40 HIGHER SWAN LANE, BOLTON, BL3 3AJ
Incorporated 04/08/2020

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 09/07/2025

Due 23/07/2026

On track

Industry

86900
Other human health activities
87100
Residential nursing care facilities
88100
Social work activities without accommodation for the elderly and disabled

Officers

Mr Mubarak Munshi

director · Since 04/08/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Mr Ari Najem Mohammed Saeed

director · Since 20/04/2021

DIRECTOR

IRAQI · UNITED KINGDOM · Age 45

Also on 1 other board

Persons with Significant Control

Mr Mubarak Munshi

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

British · United Kingdom · Age 46

55, Beaconsfield Street, Bolton, BL3 5EB

Notified 04/08/2020

Mr Ari Najem Mohammed Saeed

25–50% shares
25–50% votes

Iraqi · United Kingdom · Age 45

40, Higher Swan Lane, Bolton, BL3 3AJ

Notified 09/07/2021

Former PSCs

Mrs Farzana Mitha

Ceased 06/01/2021

Mr Ari Najem Mohammed Saeed

Ceased 06/01/2021

CompanyRankvs 4844+ SIC 86900 peers
79

Financial strength93th percentile among SIC peers · 23/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.19× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

£165k

Balance sheet strength

Cash

£117k

Cash in the bank

Net Current Assets

£118k

Working capital

Current Assets

£217k

Current Liabilities

£99k

Fixed Assets

£168k

Debtors

£101k

147avg. employees+33

Tax at Year End

Corp tax£9k

Director Loans

Company owes directors£65k

Balance Sheet

Assets less current liabilities£287k
Signed by Mr Mubarak Munshi 27/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.19+£18k
20231.57+£131k
20221.92+£40k
20210.25

Derived from filed accounts. Not audited figures.