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Acca Limited

04373679

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

7-8 PORTMILL LANE, HITCHIN, SG5 1DJ
Incorporated 14/02/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes
56103
Take-away food shops and mobile food stands

Officers

Mr Lakhvendar Singh Sohal

secretary · Since 14/02/2002

SECRETARY

BRITISH · UNITED KINGDOM · Age 54

Also on 13 other boards

Mr Jeetendar Singh Sohal

director · Since 14/02/2002

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Mr Lakhvendar Singh Sohal

director · Since 01/09/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 13 other boards

Persons with Significant Control

Acca Group Limited

75–100% shares
75–100% votes

7-8, Portmill Lane, Hitchin, SG5 1DJ

Reg: 12554615 · England & Wales · Private Limited Company

Notified 01/04/2021

Former PSCs

Mr Jeetendar Singh Sohal

Ceased 01/04/2021

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 01/07/2014Registered 01/07/2014
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 01/08/2006Registered 04/08/2006Satisfied 20/06/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/07/2002Registered 13/07/2002Satisfied 30/07/2015

CompanyRankvs 341+ SIC 56102 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.9× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

Employees15/15 pts

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

Liquidity16/20 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

Going concern doubt: -10 pts

Outstanding charges: -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 going co

Key FinancialsYear ending 31/03/2024

Turnover

£14.1M

Annual revenue

Net Worth

£5.0M

Balance sheet strength

Cash

£841k

Cash in the bank

Profit Before Tax

£631k

Bottom line earnings

Net Current Assets

£3.9M

Working capital

Current Assets

£8.3M

Current Liabilities

£4.4M

Fixed Assets

£1.6M

Debtors

£7.3M

Cost of Sales

£8.2M

Gross Profit

£6.0M

Admin Expenses

£5.4M

Operating Profit

£674k

Profit After Tax

£526k

286avg. employees-4

Tax at Year End

Corp tax£224k

People Costs

Wages & salaries£4.0M
NI contributions£240k

Balance Sheet

Intangible assets£65k
Bank loans & overdrafts£116k
Assets less current liabilities£5.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.90+£526k
20231.78+£252k
20222.17+£497k
20211.94

Derived from filed accounts. Not audited figures.