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H Q Lounge Ltd

14641736

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

12 COLOMBO ROAD, ILFORD, IG1 4RQ
Incorporated 06/02/2023

Compliance

Last accounts

31/03/2024

micro entity

Next accounts due

31/03/2026

Overdue

Confirmation statement

Last: 05/02/2026

Due 19/02/2027

On track

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Mohammed Hasan Qureshi

director · Since 06/02/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 3 other boards

Persons with Significant Control

Mr Mohammed Hasan Qureshi

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

British · United Kingdom · Age 35

12, Colombo Road, Ilford, IG1 4RQ

Notified 06/02/2023

CompanyRankvs 12986+ SIC 56102 peers
44

Financial strength75th percentile among SIC peers · 19/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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12986H Q Lounge Ltd
44
How is this score calculated?
Financial strength19/25 pts

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

Employees5/15 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.

Longevity3/15 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 31/03/2024

Net Worth

£13k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£32k

Working capital

Current Assets

£10k

Current Liabilities

£42k

Fixed Assets

£46k

2avg. employees

Balance Sheet

Assets less current liabilities£13k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.24

Derived from filed accounts. Not audited figures.