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Bala Ltd

05837333

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

14 RAVENSBURY AVENUE, SURREY, SM4 6ET
Incorporated 05/06/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities
69202
Bookkeeping activities
69203
Tax consultancy

Officers

Mr Ponnambalam Shanmugalingam Balakumar

director · Since 05/06/2006

AUDITOR

BRITISH · ENGLAND · Age 59

Also on 3 other boards

Persons with Significant Control

Mr Ponnambalam Shanmugalingam Balakumar

50–75% shares
50–75% votes
Appoint directors

British · England · Age 59

14 Ravensbury Avenue, Surrey, SM4 6ET

Notified 06/04/2016

Miss Lithusha Balakumar

25–50% shares
25–50% votes

British · England · Age 22

14 Ravensbury Avenue, Surrey, SM4 6ET

Notified 29/03/2023

CompanyRankvs 9152+ SIC 69201 peers
68

Financial strength24th percentile among SIC peers · 6/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.77× · 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 strength6/25 pts

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

Employees12/15 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 31/08/2024

Net Worth

£100

Balance sheet strength

Cash

£146k

Cash in the bank

Net Current Assets

£106k

Working capital

Current Assets

£166k

Current Liabilities

£60k

Fixed Assets

£908

Debtors

£20k

4avg. employees-1

Balance Sheet

Assets less current liabilities£107k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20242.77
20239.36
20229.36
20219.94
20202.63
20192.29
20181.71

Derived from filed accounts. Not audited figures.