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Outwood Chem Ltd

07649072

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

ADMIRAL HOUSE, BRIERLEY HILL, DY5 1XG
Incorporated 26/05/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Harminder Singh Chahal

director · Since 26/05/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 2 other boards

Mrs Eivraj Kaur Chahal

director · Since 15/10/2021

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Persons with Significant Control

Outwood Holdings Ltd

75–100% shares
75–100% votes

Admiral House, Waterfront East, Brierley Hill, DY5 1XG

Reg: 13270674 · England · Limited Company

Notified 30/11/2022

Former PSCs

Mr Sundip Singh Gill

Ceased 16/02/2021

Mr Harminder Singh Chahal

Ceased 30/11/2022

Mr Sundip Singh Gill

Ceased 15/10/2021

Charges4 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 08/10/2021Registered 12/10/2021
Charge
outstanding

LLOYDS BANK PLC

Created 08/10/2021Registered 12/10/2021
Charge
outstanding

LLOYDS BANK PLC

Created 08/10/2021Registered 12/10/2021
Charge
outstanding

LLOYDS BANK PLC

Created 08/10/2021Registered 12/10/2021

CompanyRankvs 2122+ SIC 47730 peers
54

Financial strength19th percentile among SIC peers · 5/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.88× · 16/20
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 strength5/25 pts

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

Employees13/15 pts

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

Liquidity16/20 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 30/04/2025

Net Worth

£6

Balance sheet strength

Cash

£47k

Cash in the bank

Net Current Assets

£162k

Working capital

Current Assets

£347k

Current Liabilities

£185k

Fixed Assets

£22k

Debtors

£261k

14avg. employees+2

Balance Sheet

Intangible assets£9k
Assets less current liabilities£184k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.88
20241.85
20231.65+£63k
20221.68+£20k
20211.42-£23k
20201.60+£46k
20191.13+£15k
20181.00

Derived from filed accounts. Not audited figures.