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Hang Plas Ltd

07468612

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

5 HIGHGATE BUSINESS CENTRE, BIRMINGHAM, B12 8EA
Incorporated 14/12/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Mrs Jintander Kandola

secretary · Since 14/12/2010

BRITISH · ENGLAND · Age 52

Also on 5 other boards

Mrs Jintander Kandola

director · Since 14/12/2010

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 5 other boards

Mr Amreek Singh Kandola

director · Since 15/01/2014

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 4 other boards

Mr Mohan Singh

director · Since 15/01/2014

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 83

Persons with Significant Control

Mr Amreek Singh Kandola

25–50% shares
25–50% votes

British · England · Age 56

5, Highgate Business Centre, Birmingham, B12 8EA

Notified 25/01/2017

Mrs Jintander Kandola

25–50% shares
25–50% votes

British · England · Age 52

5, Highgate Business Centre, Birmingham, B12 8EA

Notified 25/01/2017

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 29/04/2015Registered 29/04/2015

CompanyRankvs 866+ SIC 22290 peers
62

Financial strength49th percentile among SIC peers · 12/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 3.34× · 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 strength12/25 pts

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

Employees10/15 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 31/12/2024

Net Worth

£22k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£124k

Working capital

Current Assets

£177k

Current Liabilities

£53k

Fixed Assets

£79k

5avg. employees-1

Balance Sheet

Assets less current liabilities£204k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20243.34-£18k
20233.22

Derived from filed accounts. Not audited figures.