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Golden Finance Limited

01714383

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

71 RICHMOND HILL ROAD, BIRMINGHAM, B15 3SA
Incorporated 12/04/1983

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64929
64929

Officers

Mr Avtar Singh Kang

secretary · Since 12/03/1991

BRITISH · ENGLAND · Age 82

Also on 12 other boards

Mr Avtar Singh Kang

director · Since 12/03/1991

SALESMAN

BRITISH · ENGLAND · Age 82

Also on 12 other boards

Mr Udham Singh Kang

director · Since 28/01/2002

DIRECTOR

BRITISH · ENGLAND · Age 86

Also on 13 other boards

Persons with Significant Control

Mr Avtar Singh Kang

Significant control

British · England · Age 82

71, Richmond Hill Road, Birmingham, B15 3SA

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

HITACHI CREDIT (UK) LIMITED

Created 30/09/1985Registered 04/10/1985
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 22/08/1985Registered 02/09/1985

CompanyRankvs 274+ SIC 64929 peers
60

Financial strength73th percentile among SIC peers · 18/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 161.4× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees2/15 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.

Longevity15/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2025

Net Worth

£245k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£285k

Working capital

Current Assets

£286k

Current Liabilities

£2k

0avg. employees

Balance Sheet

Assets less current liabilities£285k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025161.40+£0
2025161.40+£445
2024182.19+£675
2023256.57-£229
2022380.73-£152
2021380.94-£347
2020381.40-£257
2019388.49-£197
2018388.76

Derived from filed accounts. Not audited figures.