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Higher Limited

03454645

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

50 WOODGATE, LEICESTER, LE3 5GF
Incorporated 23/10/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Prabhjote Kaur Bance

secretary · Since 07/10/1998

BRITISH · Age 70

Also on 2 other boards

Birbahadur Bance

director · Since 07/10/1998

TRADER

BRITISH · UNITED KINGDOM · Age 74

Also on 2 other boards

Persons with Significant Control

Mr Birbahadur Singh Bance

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 74

Treviot House, 186-192 High Road, Ilford, IG1 1LR

Notified 06/04/2016

Mrs Prabhjot Kaur Bance

25–50% shares
25–50% votes

British · United Kingdom · Age 70

Treviot House, 186-192 High Road, Ilford, IG1 1LR

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 05/07/2004Registered 10/07/2004

CompanyRankvs 12328+ SIC 32990 peers
23

Financial strength10th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees0/15 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

-£13k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

Current Liabilities

£4k

Balance Sheet

Assets less current liabilities-£4k
Signed by Mr Birbahadur Singh Bance 25th April 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearImplied Profit
2025+£0
2024+£0
2023+£0
2022+£0
2021+£0
2020+£0

Derived from filed accounts. Not audited figures.