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Versatile Inspiring Homes Ltd

14644817

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

UNIT 3 TRADE CITY, WEST THURROCK, RM20 3AW
Incorporated 07/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47530
Retail sale of carpets, rugs, wall and floor coverings in specialised stores

Officers

Mr Arif Billah Malik

director · Since 07/02/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 3 other boards

Mr Ajay Bhakri

director · Since 06/08/2025

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 8 other boards

Persons with Significant Control

Mr Arif Billah Malik

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 38

Unit 3 Trade City, Motherwell Way, West Thurrock, RM20 3AW

Notified 07/02/2023

Mr Ajay Bhakri

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 38

Unit 3 Trade City, Motherwell Way, West Thurrock, RM20 3AW

Notified 30/10/2025

CompanyRankvs 1628+ SIC 47530 peers
48

Financial strength56th percentile among SIC peers · 14/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.01× · 12/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Solomon (Liskeard) Limited
90
2Lees Of Grimsby (Furnishers) Limited
90
3Bideford Carpet Service Limited
90
4Michael J.Molloy Limited
90
5Newport Furnishers Limited
90
6J.D. Lister (Furnishers) Limited
90
7P. & B. Flooring Limited
90
8Graham And Green Limited
90
9Lincolnshire Flooring Company (1977) Limited
90
10Asiatic Carpets Limited
90
1628Versatile Inspiring Homes Ltd
58
How is this score calculated?
Financial strength14/25 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.

Liquidity12/20 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 28/02/2025

Net Worth

£10k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£142k

Current Liabilities

£140k

Fixed Assets

£51k

Debtors

£28k

7avg. employees

Tax at Year End

Corp tax£9k
VAT£44k

Director Loans

Company owes directors£10k
Directors owe company£5k

Balance Sheet

Intangible assets£40k
Assets less current liabilities£53k
Signed by Mr A Malik 18/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.01+£0£877k
20251.01+£2k£877k
20240.90—£274k

Derived from filed accounts. Not audited figures.