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Munco International Limited

02828602

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

9 FULMAR CLOSE, DERBY, DE3 9XH
Incorporated 21/06/1993

Compliance

Last accounts

31/07/2024

total exemption full

Next accounts due

30/04/2026

Overdue

Confirmation statement

Last: 21/06/2025

Due 05/07/2026

On track

Industry

46900
Non-specialised wholesale trade
68209
Other letting and operating of own or leased real estate
70229
Management consultancy activities

Officers

Mr Taranjit Singh Mundra

director · Since 21/06/1993

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 2 other boards

Mr Jagveer Singh Mundra

director · Since 28/02/2025

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Taranjit Singh Mundra

25–50% shares
25–50% votes

British · United Kingdom · Age 74

9, Fulmar Close, Derby, DE3 9XH

Notified 07/04/2016

Mrs Kashmir Kaur Mundra

25–50% shares
25–50% votes

British · United Kingdom · Age 76

9, Fulmar Close, Derby, DE3 9XH

Notified 31/07/2019

Mr Jagveer Singh Mundra

25–50% shares
25–50% votes

British · England · Age 47

9, Fulmar Close, Derby, DE3 9XH

Notified 28/02/2025

Former PSCs

Mr Jagveer Singh Mundra

Ceased 28/02/2025

Charges1 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 03/03/2010Registered 05/03/2010Satisfied 25/03/2019
charge
satisfied

BARCLAYS BANK PLC

Created 26/01/2010Registered 30/01/2010Satisfied 25/03/2019
charge
satisfied

BARCLAYS BANK PLC

Created 27/03/1995Registered 31/03/1995
charge
outstanding

BARCLAYS BANK PLC

Created 17/06/1994Registered 24/06/1994

CompanyRankvs 1306+ SIC 46900 peers
63

Financial strength92th percentile among SIC peers · 23/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 3.25× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees10/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/07/2024

Net Worth

£928k

Balance sheet strength

Cash

£126k

Cash in the bank

Net Current Assets

£398k

Working capital

Current Assets

£575k

Current Liabilities

£177k

Fixed Assets

£530k

Debtors

£449k

2avg. employees

Tax at Year End

Corp tax£116k
VAT£16k

Balance Sheet

Assets less current liabilities£928k
Signed by Taranjit Mundra 30/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20243.25+£282k£311k
20232.48+£172k£411k
20221.88+£296k£390k
20181.14

Derived from filed accounts. Not audited figures.