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Bhatia & Sons Limited

06514583

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

109 THE BROADWAY, SOUTHALL, UB1 1LN
Incorporated 26/02/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46410
Wholesale of textiles
46499
46499
46900
Non-specialised wholesale trade
47510
Retail sale of textiles in specialised stores

Officers

Mr Charanjeet Singh Bhatia

director · Since 26/02/2008

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 4 other boards

Mr Manpreet Singh

director · Since 16/09/2022

DIRECTOR

INDIAN · INDIA · Age 49

Persons with Significant Control

Mr Charanjeet Singh Bhatia

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

British · England · Age 41

109, The Broadway, Southall, UB1 1LN

Notified 06/04/2016

Mr Jagdeep Singh Bhatia

25–50% shares

British · England · Age 66

109, The Broadway, Southall, UB1 1LN

Notified 09/04/2024

Former PSCs

Kiran Textiles Group Ltd

Ceased 15/09/2019

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 20/09/2016Registered 20/09/2016Satisfied 02/12/2019
Charge
satisfied

LLOYDS BANK PLC

Created 02/01/2014Registered 07/01/2014Satisfied 02/12/2019
charge
satisfied

HSBC BANK PLC

Created 08/04/2010Registered 13/04/2010Satisfied 13/06/2017

CompanyRankvs 281+ SIC 46410 peers
74

Financial strength93th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.94× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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281Bhatia & Sons Limited
80
How is this score calculated?
Financial strength23/25 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.

Liquidity16/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 31/12/2024

Net Worth

£739k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£3.5M

Working capital

Current Assets

£7.2M

Current Liabilities

£3.7M

Fixed Assets

£117k

Debtors

£2.7M

27avg. employees+2

Balance Sheet

Intangible assets£33k
Assets less current liabilities£3.6M
Signed by Mr C Bhatia,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.94+£118k
20233.74+£128k
20221.75+£162k
20211.50+£215k
20201.30+£22k
20191.56+£9k
20181.65—

Derived from filed accounts. Not audited figures.