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Ip2426 Limited

07015801

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

POSITIVE HOUSE, WOLVERHAMPTON, WV2 4HN
Incorporated 11/09/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr Hardeep Gidda

director · Since 25/08/2011

DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 7 other boards

Mr Sanjeev Gidda

director · Since 26/08/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 2 other boards

Persons with Significant Control

Hsg2020 Ltd

75–100% shares
75–100% votes
Appoint directors

Positive House, Unit 3, Pool Street, Wolverhampton, WV2 4HN

Reg: 11809717 · England And Wales · Private Limited Company

Notified 09/12/2025

Former PSCs

Mr Hardeep Singh Gidda

Ceased 09/12/2025

Mr Rajinder Pal

Ceased 28/02/2019

Charges3 outstanding

Charge
outstanding

BANK OF INDIA

Created 20/10/2017Registered 30/10/2017
Charge
outstanding

BANK OF INDIA

Created 20/10/2017Registered 30/10/2017
Charge
satisfied

LLOYDS BANK PLC

Created 20/05/2014Registered 21/05/2014Satisfied 27/06/2018
charge
satisfied

LLOYDS TSB BANK PLC

Created 24/01/2012Registered 27/01/2012Satisfied 27/06/2018
charge
outstanding

THE OXFORD COUNCIL

Created 22/12/2011Registered 07/01/2012

CompanyRankvs 8260+ SIC 55100 peers
69

Financial strength84th percentile among SIC peers · 21/25
Employees52th percentile among SIC peers · 8/15
LiquidityCurrent ratio 3.88× · 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 strength21/25 pts

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

Employees8/15 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 31/03/2025

Net Worth

£490k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£421k

Working capital

Current Assets

£551k

Current Liabilities

£142k

Fixed Assets

£104k

2avg. employees

Balance Sheet

Assets less current liabilities£525k
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20253.88+£27k
20244.33-£38k
20236.07-£44k
20225.08-£42k
20215.81-£77k
20205.45+£1.2M
2019-4.09

Derived from filed accounts. Not audited figures.