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Virk & Sons Ltd

07588561

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

SUITE # 9, RUGBY, CV22 7DE
Incorporated 01/04/2011

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 01/04/2026

Due 15/04/2027

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mrs Manjit Kaur Virk

secretary · Since 01/04/2011

Mr Avtar Singh Virk

director · Since 01/04/2011

DIRECTOR

BRITISH · ENGLAND · Age 68

Persons with Significant Control

Mr Avtar Singh Virk

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

British · United Kingdom · Age 68

1-2 Deane Parade, Deane Road, Rugby, CV21 4NZ

Notified 01/05/2016

Mrs Manjit Kaur Virk

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

British · England · Age 70

1-2 Deane Parade, Deane Road, Rugby, CV21 4NZ

Notified 23/11/2023

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 03/12/2012Registered 19/12/2012
charge
outstanding

BARCLAYS BANK PLC

Created 08/11/2011Registered 15/11/2011

CompanyRankvs 5724+ SIC 47110 peers
56

Financial strength92th percentile among SIC peers · 23/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.9× · 6/20
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 strength23/25 pts

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

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

£149k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£37k

Current Liabilities

£41k

Fixed Assets

£162k

3avg. employees

Tax at Year End(2019)

Corp tax£709

Balance Sheet

Assets less current liabilities£158k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.90+£3k
20240.99+£6k
20230.98+£15k
20220.88+£21k
20210.71+£29k
20200.46+£965
20190.45

Derived from filed accounts. Not audited figures.