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Model Homes Limited

13289807

active
Private Limited Company
Companies House
Health Score
55 / 100

Notable Risks

25/30
Filing
0/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

11 BLENHEIM CLOSE, ALTRINCHAM, WA14 2RX
Incorporated 24/03/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate
98000
Undifferentiated goods-and services-producing activities of private households for own use

Officers

Dr Muhammad Ashfaq

director · Since 24/03/2021

MANAGER

BRITISH · ENGLAND · Age 57

Also on 10 other boards

Persons with Significant Control

Dr Muhammad Ashfaq

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

British · England · Age 57

11, Blenheim Close, Altrincham, WA14 2RX

Notified 24/03/2021

Charges5 outstanding

Charge
outstanding

HABIB BANK ZURICH PLC

Created 24/09/2021Registered 12/10/2021
Charge
outstanding

HABIB BANK ZURICH PLC

Created 24/09/2021Registered 07/10/2021
Charge
outstanding

HABIB BANK ZURICH PLC

Created 24/09/2021Registered 07/10/2021
Charge
outstanding

HABIB BANK ZURICH PLC

Created 24/09/2021Registered 05/10/2021
Charge
outstanding

HABIB BANK ZURICH PLC

Created 24/09/2021Registered 05/10/2021
Charge
satisfied

HABIB BANK ZURICH PLC

Created 24/09/2021Registered 05/10/2021Satisfied 25/10/2021

CompanyRankvs 145105+ SIC 68209 peers
35

Financial strength8th percentile among SIC peers · 2/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 4.16× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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10Webb & Son (Combs)Limited
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145105Model Homes Limited
45
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.

Employees3/15 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.

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 31/03/2024

Net Worth

-£27k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£239k

Working capital

Current Assets

£315k

Current Liabilities

£76k

Fixed Assets

£1.4M

Debtors

£310k

0avg. employees

Balance Sheet

Bank loans & overdrafts£1.1M
Assets less current liabilities£1.6M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20244.16-£21k
20236.24-£627
202256.19—

Derived from filed accounts. Not audited figures.