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Halrix Commercial Systems Limited

14752964

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

128 CITY ROAD, LONDON, EC1V 2NX
Incorporated 23/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation
43220
Plumbing, heat and air-conditioning installation
71129
Other engineering activities
74100
Specialised design activities

Officers

Mr Mohammad Shazad Yousaf

director · Since 23/03/2023

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 47

Also on 1 other board

Mr Mohammed Usman Ashraf

director · Since 27/05/2024

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 1 other board

Persons with Significant Control

Mr Mohammad Shazad Yousaf

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

British · England · Age 47

128, City Road, London, EC1V 2NX

Notified 23/03/2023

Mr Mohammed Usman Ashraf

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

British · England · Age 40

128, City Road, London, EC1V 2NX

Notified 02/09/2024

CompanyRankvs 38152+ SIC 43210 peers
34

Financial strength9th percentile among SIC peers · 2/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.93× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/03/2025

Net Worth

-£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£41k

Current Liabilities

£44k

2avg. employees+1

Balance Sheet

Assets less current liabilities-£3k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.93-£19k
20240.08

Derived from filed accounts. Not audited figures.