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Happy Limited

04863765

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

6TH FLOOR AMP HOUSE, CROYDON, CR0 2LX
Incorporated 12/08/2003

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 29/04/2026

Due 13/05/2027

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Barinder Jit Bains

secretary · Since 18/08/2003

DIRECTOR SECRETARY

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Barinder Jit Bains

director · Since 18/08/2003

DIRECTOR SECRETARY

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Joginder Singh Bains

director · Since 18/08/2003

DIRECTOR

BRITISH · ENGLAND · Age 76

Avtar Kaur

director · Since 01/01/2011

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 72

Persons with Significant Control

Barinder Jit Bains

25–50% shares

British · England · Age 53

14 Rochester Way, Heath Hayes, Staffordshire, WS12 3YH

Notified 01/08/2016

Joginder Singh Bains

25–50% shares

British · England · Age 76

14 Rochester Way, Heath Hayes, Staffordshire, WS12 3YH

Notified 01/08/2016

Avtar Kaur

25–50% shares

British · England · Age 72

6th Floor, Amp House, Croydon, CR0 2LX

Notified 01/08/2016

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 05/08/2011Registered 12/08/2011
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/03/2006Registered 30/03/2006

CompanyRankvs 10342+ SIC 47110 peers
45

Financial strength31th percentile among SIC peers · 8/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.59× · 6/20
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 strength8/25 pts

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

Employees11/15 pts

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

Liquidity6/20 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 30/09/2024

Net Worth

£359

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£19k

Working capital

Current Assets

£27k

Current Liabilities

£46k

Fixed Assets

£20k

5avg. employees+1

Balance Sheet

Assets less current liabilities£1k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.59
20230.56
20220.57-£8k
20210.79-£3k
20201.09+£9k
20191.19+£3k
20181.06

Derived from filed accounts. Not audited figures.