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Homeflair Development Limited

13136033

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

24 BROOM LANE, ROTHERHAM, S60 3EL
Incorporated 15/01/2021

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

29/10/2026

On track

Confirmation statement

Last: 18/01/2026

Due 01/02/2027

On track

Industry

41202
Construction of domestic buildings

Officers

Mr Waqas Khan

director · Since 22/10/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 30

Also on 6 other boards

Persons with Significant Control

Mr Waqas Khan

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

British · United Kingdom · Age 30

24, Broom Lane, Rotherham, S60 3EL

Notified 06/11/2021

Former PSCs

Mr Waqas Khan

Ceased 01/02/2021

Shaheen Akhtar

Ceased 06/11/2021

Charges3 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 19/07/2024Registered 09/08/2024
Charge
outstanding

ALLICA BANK LIMITED

Created 19/07/2024Registered 09/08/2024
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 10/08/2022Registered 12/08/2022

CompanyRankvs 36985+ SIC 41202 peers
36

Financial strength76th percentile among SIC peers · 19/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees5/15 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.

Longevity5/15 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 31/01/2025

Net Worth

£29k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£237k

Working capital

Current Assets

£22k

Current Liabilities

£259k

Fixed Assets

£800k

Debtors

£18k

1avg. employees

Balance Sheet

Bank loans & overdrafts£534k
Assets less current liabilities£563k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.08-£7k
20240.07+£32k

Derived from filed accounts. Not audited figures.