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The Piggybank Day Nursery Limited

07712002

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

47 STATION ROAD, MARGATE, CT8 8QY
Incorporated 20/07/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85100
Pre-primary education

Officers

Ms Simren Lakhan

director · Since 01/09/2022

ANALYST

BRITISH · ENGLAND · Age 28

Also on 1 other board

Ms Tracey Jayne Laming

director · Since 01/09/2022

NURSERY MANAGER

BRITISH · ENGLAND · Age 48

Mrs Dalbir Kaur Thiara

director · Since 01/09/2022

AREA MANAGER

BRITISH · ENGLAND · Age 67

Mr Neshawar Singh Lakhan

director · Since 14/08/2025

I.T.

BRITISH · ENGLAND · Age 63

Also on 7 other boards

Persons with Significant Control

Smg Lakhan Ltd

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

27, Sunnymede Drive, Ilford, IG6 1JU

Reg: 13983804 · Companies House · Limited Company

Notified 30/08/2024

Former PSCs

Sarah Louise Nowell

Ceased 01/08/2016

Mary Jane Fairbairn

Ceased 02/09/2022

Joseph James Fairbairn

Ceased 02/09/2022

Ms Simren Lakhan

Ceased 30/08/2024

CompanyRankvs 455+ SIC 85100 peers
83

Financial strength82th percentile among SIC peers · 21/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.23× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees12/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

£187k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£185k

Working capital

Current Assets

£271k

Current Liabilities

£84k

Fixed Assets

£2k

23avg. employees

Tax at Year End(2020)

Corp tax£7k

Director Loans(2020)

Company owes directors£191k

Balance Sheet

Assets less current liabilities£187k
Signed by 22 July 2025

EstimatesDerived

YearCurrent RatioImplied Profit
20243.23+£96k
20233.34+£78k
20221.43-£54k
20211.27-£86
20201.14-£5k
20191.04

Derived from filed accounts. Not audited figures.