Balsab Ltd
07251238
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Tejpal Singh
British · United Kingdom · Age 57
6, Westridge Avenue, Reading, RG8 8DE
Notified 01/05/2017
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 42+ SIC 56210 peers80
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£923k
Balance sheet strength
Cash
£1.1M
Cash in the bank
Net Current Assets
£845k
Working capital
Current Assets
£1.2M
Current Liabilities
£316k
Fixed Assets
£92k
Debtors
£18k
Profit After Tax
£166k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.68 | +£134k |
| 2023 | 3.43 | +£82k |
| 2022 | 3.10 | +£147k |
| 2021 | 2.84 | +£251k |
| 2020 | 2.00 | +£95k |
| 2019 | 1.47 | -£89k |
| 2018 | 1.94 | — |
Derived from filed accounts. Not audited figures.