Narang Wholesalers Limited
03083607
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/09/1999
WHOLESALERS
BRITISH · UNITED KINGDOM · Age 74
Also on 3 other boards
secretary · Since 30/06/2002
DIRECTOR
BRITISH · UNITED KINGDOM · Age 74
Also on 3 other boards
director · Since 09/09/2008
DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 2 other boards
director · Since 23/05/2019
DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 4 other boards
Persons with Significant Control
Narang Group Limited
Narang House, City Road, Bradford, BD8 8JR
Reg: 06967659 · Companies House · Private Limited Company
Notified 06/04/2016
Mr Jasbir Singh Narang
British · England · Age 59
Narang House 121 City Road, West Yorkshire, BD8 8JR
Notified 06/04/2016
Charges0 outstanding
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CompanyRankvs 15+ SIC 46342 peers80
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
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
Key FinancialsYear ending 31/12/2024
Net Worth
£7.4M
Balance sheet strength
Cash
£222k
Cash in the bank
Profit Before Tax
£524k
Bottom line earnings
Net Current Assets
£6.6M
Working capital
Current Assets
£12.1M
Current Liabilities
£5.4M
Fixed Assets
£3.6M
Debtors
£4.4M
Cost of Sales
£13.9M
Admin Expenses
£2.0M
Profit After Tax
£437k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.21 | +£361k |
| 2023 | 2.13 | +£141k |
| 2022 | 2.20 | +£179k |
| 2021 | 2.69 | +£866k |
| 2020 | 3.43 | +£185k |
| 2019 | 1.88 | +£121k |
| 2018 | 2.00 | — |
Derived from filed accounts. Not audited figures.