Narang Group Ltd
06967659
Some Concerns
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 16/07/2025
Due 30/07/2026
Industry
Officers
director · Since 21/07/2009
DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 11 other boards
director · Since 21/07/2009
DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 1 other board
Persons with Significant Control
Mr Jasbir Singh Narang
British · England · Age 59
Narang House, 121 City Road, Bradford, BD8 8JR
Notified 21/07/2016
Mr Ravinder Singh Narang
British · England · Age 57
Narang House, 121 City Road, Bradford, BD8 8JR
Notified 21/07/2016
Charges2 outstanding
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CompanyRankvs 6971+ SIC 70100 peers36
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£7.5M
Balance sheet strength
Cash
£222k
Cash in the bank
Net Current Assets
£141k
Working capital
Current Assets
—
Current Liabilities
£380k
Fixed Assets
£309k
Debtors
£521k
Cost of Sales
£13.9M
Admin Expenses
£2.0M
Profit After Tax
£437k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 1.46 |
| 2022 | 1.41 |
| 2021 | 1.43 |
| 2020 | 1.43 |
| 2019 | 3.83 |
Derived from filed accounts. Not audited figures.