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Sounas Limited

03406266

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 2E, BEAVER IND EST, SOUTHALL, UB2 5FB
Incorporated 21/07/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10710
Manufacture of bread; manufacture of fresh pastry goods and cakes

Officers

Mr Ajit Singh Chawla

director · Since 20/03/2024

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 5 other boards

Mr Jagmeet Singh Kataria

secretary · Since 01/04/2024

Persons with Significant Control

Chawla & Gulati Property Investments Limited

75–100% shares
75–100% votes

7, St. Johns Road, Harrow, HA1 2EY

Reg: 08014747 · England And Wales · Private Company Limited B Yshares

Notified 20/03/2024

Former PSCs

Dr Kulwinder Singh Bnait

Ceased 20/03/2024

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 23/01/2026Registered 23/01/2026
Charge
outstanding

HSBC UK BANK PLC

Created 18/12/2025Registered 18/12/2025
Charge
satisfied

STATE BANK OF INDIA (UK) LIMITED

Created 20/03/2024Registered 21/03/2024Satisfied 23/01/2026
Charge
satisfied

STATE BANK OF INDIA (UK) LIMITED

Created 20/03/2024Registered 21/03/2024Satisfied 23/01/2026
Charge
satisfied

STATE BANK OF INDIA (UK) LIMITED

Created 20/03/2024Registered 21/03/2024Satisfied 23/01/2026
Charge
satisfied

STATE BANK OF INDIA (UK) LIMITED

Created 20/03/2024Registered 21/03/2024Satisfied 23/01/2026
Charge
satisfied

HSBC BANK PLC

Created 09/07/2015Registered 10/07/2015Satisfied 21/03/2024
charge
satisfied

HSBC BANK PLC

Created 22/11/2012Registered 30/11/2012Satisfied 29/02/2024
charge
satisfied

HSBC BANK PLC

Created 03/02/2005Registered 04/02/2005Satisfied 21/03/2024

CompanyRankvs 56+ SIC 10710 peers
78

Financial strength98th percentile among SIC peers · 25/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 7.9× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees13/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/06/2024

Net Worth

£2.0M

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£2.2M

Current Liabilities

£281k

Fixed Assets

£3.2M

Debtors

£2.2M

Profit After Tax

-£52k

19avg. employees-11

Tax at Year End(2022)

Corp tax£72k

Director Loans(2022)

Company owes directors£424k

Balance Sheet

Intangible assets£350k
Bank loans & overdrafts£3.1M
Assets less current liabilities£5.1M
Signed by 03406266 2023-01-01 2024-06-30 03406266 2024-06-30 03406266 bus:OrdinaryShareClass1 2024-06-30 03406266 core:FurtherSpecPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20247.90-£52k
20220.81+£285k
20210.56+£182k
20200.45+£45k
20190.43+£3.0M
2018-0.41

Derived from filed accounts. Not audited figures.