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Balcombe Care Homes Limited

01875649

active
Private Limited Company
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
58 / 100

Notable Risks

30/30
Filing
10/30
Financial
18/40
Risk
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)
  • 1 outstanding charge (-2)

Details

UPPER BOGNOR ROAD, BOGNOR REGIS, PO21 1JA
Incorporated 07/01/1985

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 07/08/2025

Due 21/08/2026

On track

Industry

86900
Other human health activities
87300
Residential care activities for the elderly and disabled

Officers

Mr Uday Bhaskar Kalangi

director · Since 17/08/2022

ENTREPRENEUR

BRITISH · SCOTLAND · Age 45

Also on 5 other boards

Persons with Significant Control

Casco Finance Limited

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

Athenia House, 10-14 Andover Road, Winchester, SO23 7BS

Reg: 01342359 · Uk Company Register · Limited Company

Notified 01/07/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 17/08/2022Registered 23/08/2022
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/01/2020Registered 30/01/2020Satisfied 05/10/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/10/1996Registered 22/10/1996Satisfied 14/11/2019
charge
satisfied

CASCO FINANCE LIMITED

Created 24/05/1996Registered 30/05/1996Satisfied 15/01/2020
charge
satisfied

LLOYDS BANK PLC

Created 15/03/1994Registered 24/03/1994Satisfied 03/02/1996
charge
satisfied

LLOYDS BANK PLC

Created 15/03/1994Registered 24/03/1994Satisfied 03/02/1996

Insolvency History1 case

receiver manager

Alan Michael Thomas (practitioner) · Richard Daniels Jones (practitioner)

CompanyRankvs 18+ SIC 86900 peers
70

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 8.29× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£1.0M

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

£998k

Working capital

Current Assets

£1.1M

Current Liabilities

£137k

Fixed Assets

£4k

Debtors

£1.1M

49avg. employees+3

Tax at Year End(2022)

Corp tax£32k

Balance Sheet

Assets less current liabilities£1.0M
Signed by Mr Uday Kalangi 14/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20248.29+£198k
202310.22+£121k
20224.87+£679k
20214.84+£0
20203.91+£0
20192.28

Derived from filed accounts. Not audited figures.