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Incorporatewear Limited

03240384

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

DIRECT 2, INDUSTRIAL PARK, OLDBURY, B69 3ES
Incorporated 21/08/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46420
Wholesale of clothing and footwear

Officers

Mr Rajinder Singh Sohal

director · Since 03/03/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 8 other boards

Mr Sarbjit Singh Sohal

director · Since 03/03/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 6 other boards

Persons with Significant Control

Workwear Uniform Group Ltd

75–100% shares
75–100% votes
Appoint directors

Direct 2 Industrial Park, Roway Lane, Oldbury, B69 3ES

Reg: 03073214 · Companies House · Public Company Limited By Shares

Notified 03/03/2021

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 22/02/2023Registered 02/03/2023
Charge
outstanding

LLOYDS BANK PLC

Created 22/02/2023Registered 02/03/2023
Charge
satisfied

HSBC UK BANK PLC

Created 22/06/2021Registered 29/06/2021Satisfied 24/02/2023
Charge
satisfied

HSBC UK BANK PLC

Created 17/05/2021Registered 03/06/2021Satisfied 24/02/2023
charge
satisfied

HSBC BANK PLC

Created 06/02/2008Registered 09/02/2008Satisfied 04/02/2014
charge
satisfied

HSBC BANK PLC

Created 26/02/2007Registered 28/02/2007Satisfied 21/10/2015
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 23/02/2007Registered 27/02/2007Satisfied 04/02/2014
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 23/02/2007Registered 27/02/2007Satisfied 04/02/2014
charge
satisfied

WEBASTO HOLDINGS LIMITED

Created 23/11/1998Registered 01/12/1998Satisfied 19/08/2003
charge
satisfied

WEBASTO HOLDINGS LIMITED

Created 23/11/1998Registered 01/12/1998Satisfied 19/08/2003
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 15/12/1997Registered 18/12/1997Satisfied 24/05/2007
charge
satisfied

GREYDOG LIMITED

Created 06/03/1997Registered 24/03/1997Satisfied 05/03/2002
charge
satisfied

EURO SALES FINANCE PLC

Created 06/03/1997Registered 11/03/1997Satisfied 20/09/1997

CompanyRankvs 2718+ SIC 46420 peers
48

Financial strength95th percentile among SIC peers · 24/25
Employees25th percentile among SIC peers · 4/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Loake Brothers Limited
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4Aykroyd & Sons Limited
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5Dennys Uniforms Limited
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6A. W. Bent Limited
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7Burt Bros.(Hosiery)Limited
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8Continental Textiles (Manchester) Limited
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9Charterhouse Holdings Plc
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10Turnbull & Asser Limited
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2718Incorporatewear Limited
58
How is this score calculated?
Financial strength24/25 pts

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

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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 31/03/2025

Net Worth

£996k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£5.5M

Working capital

Current Assets

—

Current Liabilities

—

Debtors

£5.5M

0avg. employees

People Costs(2023)

Wages & salaries£2.8M
NI contributions£263k

Balance Sheet

Assets less current liabilities£5.5M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
2025—+£0
2025—-£4.5M
20231.58+£1.0M
20221.70-£739k
20212.39—

Derived from filed accounts. Not audited figures.