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Honorin Limited

12960181

active
Private Limited Company
Companies House
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)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

CHARLES RIPPIN AND TURNER, HARROW, HA1 1BQ
Incorporated 19/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate

Officers

Mr Sushil Bharakhda

director · Since 19/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 6 other boards

Ravinder Kaur Chahal

director · Since 05/08/2024

DIRECTOR

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Brompton Grey Ltd

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

Charles Rippin & Turner, 130 College Road, Harrow, HA1 1BQ

Reg: 12550377 · United Kingdom · Limited Company

Notified 17/07/2024

Ravinder Kaur Chahal

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

British · England · Age 43

Charles Rippin And Turner, Middlesex House, 130 College Road, Harrow, HA1 1BQ

Notified 05/08/2024

Former PSCs

Mr Sushil Bharakhda

Ceased 17/07/2024

Charges1 outstanding

Charge
outstanding

WEST ONE DEVELOPMENT FINANCE LIMITED

Created 31/10/2024Registered 21/11/2024

CompanyRankvs 39991+ SIC 41100 peers
40

Financial strength9th percentile among SIC peers · 2/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 6.62× · 20/20
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 strength2/25 pts

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

Employees7/15 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.

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 31/10/2024

Net Worth

-£40k

Balance sheet strength

Cash

£310

Cash in the bank

Net Current Assets

£26k

Working capital

Current Assets

£31k

Current Liabilities

£5k

Fixed Assets

£918k

Debtors

£31k

1avg. employees

Balance Sheet

Assets less current liabilities£944k
Signed by 12960181 2023-11-01 2024-10-31 12960181 2024-10-31 12960181 core:CurrentFinancialInstruments 2024-10-31 12960181 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20246.62

Derived from filed accounts. Not audited figures.