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Localhousing Ltd

14259370

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

10 SAMPSON ROAD WEST, BIRMINGHAM, B11 1BW
Incorporated 27/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68201
Renting and operating of Housing Association real estate

Officers

Ahmed Alawi Sherif

director · Since 27/07/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Persons with Significant Control

Ahmed Alawi Sherif

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

British · United Kingdom · Age 35

10, Sampson Road West, Birmingham, B11 1BW

Notified 27/07/2022

CompanyRankvs 9220+ SIC 68201 peers
39

Financial strength14th percentile among SIC peers · 4/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees14/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2024

Turnover

£96k

Annual revenue

Net Worth

-£9k

Balance sheet strength

Cash

£11

Cash in the bank

Profit Before Tax

-£9k

Bottom line earnings

Net Current Assets

-£9k

Working capital

Current Assets

£11

Current Liabilities

£9k

Cost of Sales

£14k

Gross Profit

£82k

Admin Expenses

£90k

Operating Profit

-£9k

3avg. employees

Balance Sheet

Assets less current liabilities-£9k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.00

Derived from filed accounts. Not audited figures.