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Ernest Home Improvements Ltd

14341842

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

46 SHOWELL PARK, TAUNTON, TA2 6BY
Incorporated 07/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting
43342
Glazing
43390
Other building completion and finishing
43910
Roofing activities

Officers

Mr Harry Waterman

director · Since 07/09/2022

ENTREPRENEUR

BRITISH · UNITED KINGDOM · Age 33

Persons with Significant Control

Mr Harry Waterman

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

British · United Kingdom · Age 33

46, Showell Park, Taunton, TA2 6BY

Notified 07/09/2022

CompanyRankvs 2953+ SIC 43341 peers
65

Financial strength86th percentile among SIC peers · 22/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 2.6× · 20/20
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 strength22/25 pts

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

Employees4/15 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.

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 30/09/2024

Net Worth

£51k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

£37k

Working capital

Current Assets

£60k

Current Liabilities

£23k

Fixed Assets

£17k

Debtors

£43k

1avg. employees

Tax at Year End

Corp tax£9k

Balance Sheet

Assets less current liabilities£54k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.60+£32k
20232.84

Derived from filed accounts. Not audited figures.