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Garratts Wolverhampton Limited

04701349

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

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

Compliance

Last accounts

31/07/2024

unaudited abridged

Next accounts due

30/04/2026

Overdue

Confirmation statement

Last: 18/03/2024

Due 01/04/2025

Overdue

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

Insolvency History1 case

members voluntary liquidation24/10/2024

Roderick Graham Butcher (practitioner)

CompanyRankvs 15+ SIC 69201 peers
40

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
Insolvency history -10
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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.

Risk deductions

Insolvency history: -10 pts

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—

Derived from filed accounts. Not audited figures.