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Hanover Social Housing Limited

14038234

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • 6 outstanding charges (-10)

Details

13 RIVERSIDE STUDIOS, AMETHYST ROAD, NEWCASTLE UPON TYNE, NE4 7YL
Incorporated 11/04/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Razak Hussain

director · Since 11/04/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 29 other boards

Persons with Significant Control

Mr Razak Hussain

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

British · United Kingdom · Age 41

13, Riverside Studios, Amethyst Road, Newcastle Upon Tyne, NE4 7YL

Notified 11/04/2022

Charges6 outstanding

Charge
outstanding

REDWOOD BANK LIMITED

Created 30/06/2023Registered 04/07/2023
Charge
outstanding

REDWOOD BANK LIMITED

Created 30/06/2023Registered 04/07/2023
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 01/06/2023Registered 22/06/2023
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 01/06/2023Registered 02/06/2023
Charge
outstanding

ULTIMATE BRIDGING FINANCE LIMITED

Created 01/11/2022Registered 02/11/2022
Charge
outstanding

ULTIMATE BRIDGING FINANCE LIMITED

Created 01/11/2022Registered 02/11/2022

CompanyRankvs 141764+ SIC 68100 peers
21

Financial strength2th percentile among SIC peers · 1/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

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.

Longevity4/15 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 30/04/2025

Net Worth

-£255k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£917k

Working capital

Current Assets

£146k

Current Liabilities

£1.1M

Fixed Assets

£662k

Debtors

£139k

1avg. employees

Tax at Year End

Corp tax£21k

Balance Sheet

Assets less current liabilities-£255k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.14-£97k
20240.25-£183k
20230.00

Derived from filed accounts. Not audited figures.