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Affordable Homes (Coventry) Ltd

13332455

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

CORNERSTONE HOUSE - FORMER WILNECOTE YOUTH CENTRE NEW ROAD, TAMWORTH, B77 5DH
Incorporated 13/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Gavin John Mullaley

director · Since 13/04/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 3 other boards

Mr Dean Starr

director · Since 13/04/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Appin Property Lettings Limited

25–50% shares
25–50% votes

47-49 The Square, Kelso, Roxburghshire, TD5 7HW

Reg: Sc615120 · Companies House · Private Limited Company

Notified 13/04/2021

Cornerstone Joint Ventures Holdings Limited

25–50% shares
25–50% votes

Cornerstone House-Former Wilnecote Youth Centre, New Road, Tamworth, B77 5DH

Reg: 15497717 · Companies House · Private Company Limited By Shares

Notified 08/03/2024

Cornerstone House-Former Wilnecote Youth Centre

25–50% shares
25–50% votes

Cornerstone House, New Road, Tamworth, B77 5DH

Reg: 14597822 · Companies House · Private Company Limited By Shares

Notified 08/03/2024

Former PSCs

Cornerstone Partnership Limited

Ceased 08/03/2024

Charges10 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 28/10/2022Registered 31/10/2022
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 09/09/2022Registered 12/09/2022
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 08/09/2022Registered 09/09/2022
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 19/08/2022Registered 31/08/2022
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 19/08/2022Registered 31/08/2022
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 29/07/2022Registered 15/08/2022
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 29/07/2022Registered 11/08/2022
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 25/07/2022Registered 26/07/2022
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 07/07/2022Registered 08/07/2022
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 20/06/2022Registered 21/06/2022

CompanyRankvs 51058+ SIC 68209 peers
54

Financial strength83th percentile among SIC peers · 21/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 50.34× · 20/20
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 strength21/25 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 31/03/2025

Net Worth

£205k

Balance sheet strength

Cash

£131k

Cash in the bank

Net Current Assets

£129k

Working capital

Current Assets

£131k

Current Liabilities

£3k

Fixed Assets

£2.6M

Debtors

£100

Profit After Tax

£40k

0avg. employees-2

Balance Sheet

Assets less current liabilities£2.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202550.34+£40k
202439.51+£118k
20231.11+£30k

Derived from filed accounts. Not audited figures.