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Easy Lease (Uk) Limited

06829193

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

VIRAGE SUITE 4TH FLOOR, VIRAGE POINT, CANNOCK, WS11 0NH
Incorporated 25/02/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45190
Sale of other motor vehicles

Officers

Mr Harjit Singh Deol

director · Since 10/09/2009

BUSINESSMAN

BRITISH · ENGLAND · Age 59

Also on 6 other boards

Mr Surinder Singh

director · Since 05/11/2009

BUSINESSMAN

BRITISH · ENGLAND · Age 62

Also on 3 other boards

Persons with Significant Control

Mr Harjit Singh Deol

25–50% shares
25–50% votes
Appoint directors

British · England · Age 59

Virage Suite, 4th Floor, Virage Point, Cannock, WS11 0NH

Notified 06/04/2016

Mr Surinder Singh

25–50% shares
25–50% votes
Appoint directors

British · England · Age 62

Virage Suite, 4th Floor, Virage Point, Cannock, WS11 0NH

Notified 07/04/2016

Charges3 outstanding

Charge
satisfied

CLOSE BROTHERS LIMITED

Created 16/07/2021Registered 22/07/2021Satisfied 26/10/2022
Charge
satisfied

CLOSE BROTHERS LIMITED

Created 16/07/2021Registered 22/07/2021Satisfied 26/10/2022
Charge
satisfied

TOYOTA FINANCIAL SERVICES (UK) PLC

Created 08/04/2021Registered 16/04/2021Satisfied 22/11/2022
charge
outstanding

BARCLAYS MERCANTILE BUSINESS FINANCE LIMITED

Created 05/03/2013Registered 16/03/2013
charge
outstanding

BARCLAYS BANK PLC

Created 24/02/2013Registered 04/03/2013
charge
outstanding

LOMBARD NORTH CENTRAL PLC

Created 13/09/2011Registered 15/09/2011
charge
satisfied

CLYDESDALE BANK PLC

Created 09/02/2010Registered 12/02/2010Satisfied 06/03/2014

CompanyRankvs 338+ SIC 45190 peers
70

Financial strength97th percentile among SIC peers · 24/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 3.28× · 20/20
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 strength24/25 pts

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

Employees6/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

£3.6M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3.1M

Working capital

Current Assets

£4.5M

Current Liabilities

£1.4M

Fixed Assets

£554k

1avg. employees-1

Balance Sheet

Assets less current liabilities£3.7M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20243.28+£120k
20233.03-£3.4M
20227.72+£768k
20211.40+£738k
20201.87+£464k
20190.28+£181k
20180.35

Derived from filed accounts. Not audited figures.