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Home Equation Ltd.

15319635

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

113 WASHINGTON STREET, BRADFORD, BD8 9QP
Incorporated 30/11/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation
43310
Plastering
43320
Joinery installation
68100
Buying and selling of own real estate

Officers

Mr Qaisar Mehmood

director · Since 30/11/2023

DIRECTOR

PAKISTANI · UNITED KINGDOM · Age 38

Persons with Significant Control

Mr Qaisar Mehmood

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

Pakistani · United Kingdom · Age 38

113, Washington Street, Bradford, BD8 9QP

Notified 30/11/2023

CompanyRankvs 23029+ SIC 43290 peers
37

Financial strength4th percentile among SIC peers · 1/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.56× · 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 strength1/25 pts

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

Employees12/15 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 30/11/2025

Net Worth

-£28k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£28k

Working capital

Current Assets

£35k

Current Liabilities

£63k

3avg. employees

Balance Sheet

Assets less current liabilities-£28k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20250.56-£44k

Derived from filed accounts. Not audited figures.