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Sabichi Homewares Limited

02947642

active
ltd
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

Sabichi House, 5 Wadsworth Road, Perivale, UB6 7JD
Incorporated 12/07/1994

Previously known as

Sabichi Housewares Limited · until 19/11/2003
Bagga Products Limited · until 10/11/2003

Compliance

Last accounts

31/10/2025

full

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 11/01/2026

Due 25/01/2027

On track

Industry

46439
46439
46499
46499

Officers

Mrs Mukesh Lata Bagga

director · Since 12/07/1994

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 70

Also on 21 other boards

Mrs Mukesh Lata Bagga

secretary · Since 12/07/1994

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 70

Also on 21 other boards

Mr Tarsem Bagga

director · Since 12/07/1994

MANUFACTURER AND IMPORTER

BRITISH · UNITED KINGDOM · Age 73

Also on 8 other boards

Mrs Sabrina Phull

director · Since 01/11/2006

MANAGER

BRITISH · UNITED KINGDOM · Age 45

Also on 2 other boards

Mr Sachin Bagga

director · Since 14/04/2010

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 3 other boards

Mukesh Lata Bagga

secretary · Since 12/07/1994

British

Mukesh Lata Bagga

director · Since 12/07/1994

British · United Kingdom · Age 70

Tarsem Bagga

director · Since 12/07/1994

British · United Kingdom · Age 73

Sabrina Phull

director · Since 01/11/2006

British · United Kingdom · Age 45

Sachin Bagga

director · Since 14/04/2010

British · United Kingdom · Age 43

Former

Waterlow Nominees Limited

corporate nominee director · Resigned 12/07/1994

Waterlow Secretaries Limited

corporate nominee secretary · Resigned 12/07/1994

Persons with Significant Control

Bagga Holdings Ltd

75–100% shares

5, Robin Hood Lane, Sutton, SM1 2SW

Reg: 11710294 · Companies House · Limited

Notified 31/01/2019

Former PSCs

Mr Tarsem Bagga

Ceased 31/01/2019

Charges4 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 25/09/2019Registered 01/10/2019
Charge
outstanding

BARCLAYS BANK PLC

Created 21/12/2018Registered 07/01/2019
Charge
outstanding

BARCLAYS BANK PLC

Created 02/12/2014Registered 05/12/2014
charge
outstanding

BARCLAYS BANK PLC

Created 22/08/2008Registered 03/09/2008

Change History

statusactive
2026-07-15

Active

typeltd
2026-07-15

Private Limited Company

address line1Sabichi House
2026-07-15

SABICHI HOUSE

post townPerivale
2026-07-15

PERIVALE

CompanyRankvs 15+ SIC 46439 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.35× · 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 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 concern are d

Key FinancialsYear ending 31/10/2025

Net Worth

£10.3M

Balance sheet strength

Cash

£824k

Cash in the bank

Profit Before Tax

£1.4M

Bottom line earnings

Net Current Assets

£9.0M

Working capital

Current Assets

£15.8M

Current Liabilities

£6.7M

Fixed Assets

£2.8M

Debtors

£9.5M

Cost of Sales

£24.9M

Admin Expenses

£3.6M

Profit After Tax

£1.1M

60avg. employees-2

Tax at Year End

Corp tax£377k
Dividends paid£525k

People Costs

Wages & salaries£2.6M

Balance Sheet

Intangible assets£311k
Bank loans & overdrafts£5.9M
Assets less current liabilities£11.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.35-£98k
20241.78+£575k
20231.94

Derived from filed accounts. Not audited figures.