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Poundbank Stores Limited

06325989

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

6TH FLOOR AMP HOUSE, CROYDON, CR0 2LX
Incorporated 26/07/2007

Compliance

Last accounts

31/07/2024

unaudited abridged

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 26/07/2025

Due 09/08/2026

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47250
Retail sale of beverages in specialised stores

Officers

Kamaljit Kaur

secretary · Since 26/07/2007

SECRETARY

BRITISH · Age 74

Jaspal Singh Grewal

director · Since 26/07/2007

DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 4 other boards

Vijay Preet Singh Grewal

director · Since 26/07/2007

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 1 other board

Persons with Significant Control

Kamaljit Kaur

25–50% shares

British · United Kingdom · Age 73

51 Regis Heath Road, Ronley Regis, West Midlands, B65 0PB

Notified 01/07/2016

Jaspal Singh Grewal

50–75% shares

British · England · Age 75

51 Regis Heath Road, Rowley Regis, West Midlands, B65 0PB

Notified 01/07/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/10/2022Registered 19/10/2022

CompanyRankvs 5682+ SIC 47110 peers
56

Financial strength61th percentile among SIC peers · 15/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.65× · 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 strength15/25 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.

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 31/07/2024

Net Worth

£16k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

-£87k

Working capital

Current Assets

£163k

Current Liabilities

£250k

Fixed Assets

£535k

Debtors

£347

20avg. employees-1

Tax at Year End(2018)

Corp tax£17k
Dividends paid£55k

Balance Sheet

Assets less current liabilities£448k
Prepared with Sage Accounts Production 24.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.65-£55k
20231.07-£28k
20221.18+£8k
20211.71+£34k
20201.60+£6k
20191.24-£2k
20181.39

Derived from filed accounts. Not audited figures.