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Ink (Clothing) Limited

02832312

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

UNIT 1, COLONIAL BUSINESS PARK, WATFORD, WD24 4PR
Incorporated 01/07/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46420
Wholesale of clothing and footwear

Officers

Mr Rajiv Batra

director · Since 17/09/1993

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Mr Poopalasingham Rudran

director · Since 01/06/1995

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 4 other boards

Kathiramalai Uthayakumaran

secretary · Since 01/01/2008

BRITISH

Persons with Significant Control

Mr Rajiv Batra

Appoint directors
Significant control

British · United Kingdom · Age 64

Unit 1, Colonial Business Park, Colonial Way, Watford, WD24 4PR

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 05/12/2022Registered 07/12/2022
Charge
outstanding

HSBC BANK PLC

Created 27/10/2022Registered 31/10/2022
charge
satisfied

LONDON SECURITIES (COMMERCIAL) LIMITED

Created 21/09/2001Registered 25/09/2001Satisfied 30/03/2021
charge
satisfied

LONDON SECURITIES (COMMERCIAL) LIMITED

Created 25/04/2001Registered 28/04/2001Satisfied 30/03/2021
charge
satisfied

LONDON SECURITIES (COMMERCIAL) LIMITED

Created 24/05/2000Registered 27/05/2000Satisfied 30/03/2021
charge
satisfied

AMERICAN EXPRESS BANK LTD

Created 11/04/2000Registered 26/04/2000Satisfied 30/03/2021
charge
satisfied

LONDON SECURITIES (COMMERCIAL) LIMITED

Created 09/08/1999Registered 13/08/1999Satisfied 30/03/2021
charge
satisfied

LONDON SECURITIES (COMMERCIAL) LIMITED

Created 12/02/1999Registered 19/02/1999Satisfied 30/03/2021
charge
satisfied

GRIFFIN FACTORS LIMITED

Created 21/06/1994Registered 28/06/1994Satisfied 30/03/2021
charge
satisfied

GRIFFIN FACTORS LIMITED

Created 11/05/1994Registered 18/05/1994Satisfied 30/03/2021
charge
satisfied

MIDLAND BANK PLC

Created 27/04/1994Registered 30/04/1994Satisfied 30/03/2021

CompanyRankvs 37+ SIC 46420 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.73× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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90
4Aykroyd & Sons Limited
90
5Dennys Uniforms Limited
90
6A. W. Bent Limited
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7Burt Bros.(Hosiery)Limited
90
8Continental Textiles (Manchester) Limited
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9Charterhouse Holdings Plc
90
10Turnbull & Asser Limited
90
37Ink (Clothing) Limited
90
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

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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c

Key FinancialsYear ending 31/12/2024

Turnover

£139.3M

Annual revenue

Net Worth

£38.3M

Balance sheet strength

Cash

£38.3M

Cash in the bank

Profit Before Tax

£26.9M

Bottom line earnings

Net Current Assets

£40.9M

Working capital

Current Assets

£62.5M

Current Liabilities

£22.9M

Fixed Assets

£1.0M

Debtors

£14.7M

Cost of Sales

£77.3M

Gross Profit

£62.0M

Admin Expenses

£33.2M

Operating Profit

£26.5M

Profit After Tax

£20.1M

103avg. employees+12

Tax at Year End

Corp tax£5.3M
Dividends paid£2.0M

People Costs

Wages & salaries£5.5M
NI contributions£439k

Balance Sheet

Intangible assets£2
Assets less current liabilities£42.0M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20242.73+£18.1M
20232.21+£6.2M
20223.22+£6.1M
20212.39+£3.5M
20202.89+£3.7M
20194.22+£574k
20183.45+£452k
20170.11—

Derived from filed accounts. Not audited figures.