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Higher Folds Health Limited

12932255

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

5 ALLEN STREET, WARRINGTON, WA2 7JD
Incorporated 06/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Dr Rajkumar Alagu Shanmugam

director · Since 06/10/2020

DOCTOR

BRITISH · ENGLAND · Age 56

Also on 3 other boards

Persons with Significant Control

Sycamore Corporation Limited

75–100% shares
75–100% votes

4 Southport Road, Chorley, Lancashire

Reg: 12180802 · Companies House · Private By Shares

Notified 06/10/2020

CompanyRankvs 29288+ SIC 68209 peers
72

Financial strength89th percentile among SIC peers · 22/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 5.25× · 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 strength22/25 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.

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 31/10/2024

Net Worth

£491k

Balance sheet strength

Cash

£185k

Cash in the bank

Net Current Assets

£176k

Working capital

Current Assets

£217k

Current Liabilities

£41k

Debtors

£32k

1avg. employees

Balance Sheet

Assets less current liabilities£1.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20245.25+£28k
20235.30+£4k
20223.86+£418k
20213.24

Derived from filed accounts. Not audited figures.