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Honoriscare Ltd

14050045

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 16/04/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87200
Residential care activities for mental health, substance abuse and intellectual disabilities
87300
Residential care activities for the elderly and disabled

Officers

Dr Kajakulan Raveendran

director · Since 16/04/2022

DOCTOR

FRENCH · ENGLAND · Age 38

Also on 1 other board

Mr Uthayanan Thanabalasingam

director · Since 16/04/2022

IT DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 5 other boards

Persons with Significant Control

Mr Uthayanan Thanabalasingam

25–50% shares
25–50% votes

British · United Kingdom · Age 52

20-22, Wenlock Road, London, N1 7GU

Notified 16/04/2022

Former PSCs

Dr Kajakulan Raveendran

Ceased 24/01/2024

Charges2 outstanding

Charge
outstanding

CAMBRIDGE & COUNTIES BANK LIMITED

Created 22/08/2023Registered 01/09/2023
Charge
outstanding

CAMBRIDGE & COUNTIES BANK LIMITED

Created 22/08/2023Registered 01/09/2023

CompanyRankvs 3460+ SIC 87200 peers
44

Financial strength88th percentile among SIC peers · 22/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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54
How is this score calculated?
Financial strength22/25 pts

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

Employees11/15 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

£70k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£574k

Working capital

Current Assets

£11k

Current Liabilities

£585k

Fixed Assets

£1.4M

2avg. employees

Balance Sheet

Assets less current liabilities£780k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02+£50k
20240.00—

Derived from filed accounts. Not audited figures.