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Green Lane Carpets Ltd

07801024

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

392 GREEN LANE, ILFORD, IG3 9JX
Incorporated 07/10/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46470
Wholesale of furniture, carpets and lighting equipment
68100
Buying and selling of own real estate

Officers

Mr Dalbir Singh

director · Since 08/08/2012

CO DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 4 other boards

Persons with Significant Control

Timrug Ltd

75–100% shares

392, Green Lane, Ilford, IG3 9JX

Reg: 12048939 · England · Limited Company

Notified 10/10/2019

Former PSCs

Mr Dalbir Singh

Ceased 22/02/2022

Mr Jazpal Singh Gill

Ceased 10/10/2019

Charges3 outstanding

Charge
outstanding

CYNERGY BANK LIMITED

Created 04/10/2019Registered 23/10/2019
Charge
outstanding

CYNERGY BANK LIMITED

Created 04/10/2019Registered 22/10/2019
Charge
outstanding

CYNERGY BANK LIMITED

Created 04/10/2019Registered 22/10/2019
Charge
satisfied

METRO BANK PLC

Created 24/10/2014Registered 30/10/2014Satisfied 18/02/2020
Charge
satisfied

METRO BANK PLC

Created 24/10/2014Registered 30/10/2014Satisfied 18/02/2020
Charge
satisfied

METRO BANK PLC

Created 24/10/2014Registered 30/10/2014Satisfied 18/02/2020
Charge
satisfied

LLOYDS BANK PLC

Created 28/03/2014Registered 15/04/2014Satisfied 19/02/2015

CompanyRankvs 237+ SIC 46470 peers
67

Financial strength85th percentile among SIC peers · 21/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 23.27× · 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 strength21/25 pts

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

Employees6/15 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 31/10/2024

Net Worth

£167k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£296k

Working capital

Current Assets

£317k

Current Liabilities

£14k

Fixed Assets

£844k

1avg. employees

Balance Sheet

Assets less current liabilities£1.1M
Signed by 10 July 2025

EstimatesDerived

YearCurrent RatioImplied Profit
202423.27+£8k
202322.00+£675
202221.82+£12k
202126.32+£23k
202047.86+£4k
201913.97+£14k
20180.09

Derived from filed accounts. Not audited figures.