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Garratts Wolverhampton Limited

04701349

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

79 CAROLINE STREET, BIRMINGHAM, B3 1UP
Incorporated 18/03/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mr John Terence Hitchen

secretary · Since 21/03/2003

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 72

Also on 41 other boards

Mr John Terence Hitchen

director · Since 21/03/2003

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 72

Also on 41 other boards

Ms Davinder Singh Chaggar

director · Since 28/04/2004

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 75

Raghbir Singh Chaggar

director · Since 28/04/2004

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 81

Also on 3 other boards

Persons with Significant Control

Mr Raghbir Singh Chaggar

25–50% shares
25–50% votes
right-to-appoint-and-remove-directors-as-firm

British · England · Age 81

79, Caroline Street, Birmingham, B3 1UP

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 06/12/2004Registered 15/12/2004Satisfied 11/11/2020

CompanyRankvs 15+ SIC 69201 peers
50

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 708.68× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 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.

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.

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

Key FinancialsYear ending 31/07/2024

Net Worth

£1.9M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£2.0M

Current Liabilities

£3k

Debtors

£727k

3avg. employees-17

Tax at Year End(2023)

Corp tax£104k

Balance Sheet

Intangible assets£875k
Assets less current liabilities£2.0M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
2024708.68+£75k
20237.77+£332k
20225.81+£183k
20213.76+£159k
20204.95+£79k
20194.44+£1k
20183.89—

Derived from filed accounts. Not audited figures.