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Onkar Construction Ltd

04301719

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

131-133 MARKHOUSE ROAD, WALTHAMSTOW, E17 8DQ
Incorporated 09/10/2001

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 02/10/2025

Due 16/10/2026

On track

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Bhupinder Singh Panesar

director · Since 15/10/2001

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Mr Bhupinder Singh Brar

director · Since 02/01/2005

BUSINESSMAN

BRITISH · ENGLAND · Age 70

Also on 9 other boards

Persons with Significant Control

Mr Bhupinder Singh Brar

50–75% shares

British · England · Age 70

31, Tomswood Road, Chigwell, IG7 5QR

Notified 06/04/2016

Mr Bhupinder Singh Panesar

50–75% shares

British · Britain · Age 67

259, Fencepiece Road, Chigwell, IG7 5DR

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 27/08/2015Registered 15/09/2015
Charge
outstanding

LLOYDS BANK PLC

Created 27/08/2015Registered 04/09/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 26/07/2007Registered 08/08/2007Satisfied 14/09/2016

CompanyRankvs 11236+ SIC 41201 peers
46

Financial strength88th percentile among SIC peers · 22/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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11236Onkar Construction Ltd
56
How is this score calculated?
Financial strength22/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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 31/10/2024

Net Worth

£234k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£102k

Working capital

Current Assets

£77

Current Liabilities

£190k

Fixed Assets

£495k

-4avg. employees+1

Balance Sheet

Assets less current liabilities£393k
Prepared with v2025.46.1 micro_entity_frs_105_v1_1_2 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00+£7k
20230.00+£25k
20220.15+£15k
20210.15+£20k
20200.25+£13k
20190.18+£9k
20180.30—

Derived from filed accounts. Not audited figures.