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Chan Commercial Ltd

02262832

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

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

Details

1 NORTON COURT, STOCKTON-ON-TEES, TS20 2BL
Incorporated 27/05/1988

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/02/2026

Due 14/03/2027

On track

Industry

46420
Wholesale of clothing and footwear
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Apinder Singh Ghura

director · Since 31/12/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Mr Khushninder Singh Ghura

director · Since 31/12/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 5 other boards

Persons with Significant Control

Chan Property Group Limited

75–100% shares

Suite 4 Spaceworks, Benton Park Road, Newcastle Upon Tyne, NE7 7LX

Reg: 10078440 · England & Wales · Limited Company

Notified 06/04/2016

Charges2 outstanding

charge
satisfied

HSBC BANK PLC

Created 09/03/2012Registered 16/03/2012
charge
outstanding

HSBC BANK PLC

Created 09/03/2012Registered 16/03/2012
charge
satisfied

SVENSKA HANDELSBANKEN

Created 03/02/2003Registered 07/02/2003Satisfied 15/12/2010
charge
satisfied

SVENSKA HANDELSBANKEN

Created 03/02/2003Registered 07/02/2003Satisfied 19/11/2010
charge
outstanding

MIDLAND BANK PLC

Created 25/07/1996Registered 27/07/1996
charge
satisfied

TSB COMMERCIAL FINANCE LIMITED

Created 19/07/1995Registered 21/07/1995Satisfied 16/09/1999
charge
satisfied

LLOYDS BANK PLC

Created 27/04/1990Registered 16/05/1990Satisfied 07/05/1998

CompanyRankvs 287+ SIC 46420 peers
76

Financial strength98th percentile among SIC peers · 25/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 12.4× · 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 strength25/25 pts

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

Employees11/15 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 31/12/2024

Net Worth

£3.8M

Balance sheet strength

Cash

£2.1M

Cash in the bank

Net Current Assets

£3.8M

Working capital

Current Assets

£4.2M

Current Liabilities

£337k

Debtors

£1.8M

2avg. employees

Balance Sheet

Assets less current liabilities£3.8M
Signed by 2024-01-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202412.40+£3.8M
202313.54-£3.8M
202214.87-£28k
202114.92+£8k
20208.39+£1.1M
201920.13-£4.7M
201826.68+£1.0M
201719.97

Derived from filed accounts. Not audited figures.