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Lds Hire & Sales Ltd.

08347955

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

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

2 SELBURY DRIVE, LEICESTER, LE2 5NG
Incorporated 04/01/2013

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 18/01/2026

Due 01/02/2027

On track

Industry

24200
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel

Officers

Mrs Susan Bains

secretary · Since 04/01/2013

Mr Gurdip Singh Bains

director · Since 04/01/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Persons with Significant Control

Mr Gurdip Singh Bains

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

British · England · Age 57

32, De Montfort Street, Leicester, LE1 7GD

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

ULTIMATE FINANCE LTD

Created 19/02/2020Registered 19/02/2020
Charge
satisfied

GROWTH STREET PROVISION LIMITED

Created 28/02/2019Registered 01/03/2019Satisfied 21/02/2020
Charge
outstanding

BARCLAYS BANK PLC

Created 05/10/2015Registered 09/10/2015
Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 09/07/2014Registered 15/07/2014Satisfied 05/04/2019
Charge
satisfied

GURDIP SINGH BAINS AS TRUSTEE OF THREE G METAL PENSION SCHEME · MORGAN LLOYD TRUSTEES LIMITED AS TRUSTEE OF THREE G METAL PENSION SCHEM

Created 06/09/2013Registered 24/09/2013Satisfied 28/03/2019
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 26/07/2013Registered 26/07/2013Satisfied 11/06/2014

CompanyRankvs 98+ SIC 24200 peers
59

Financial strength88th percentile among SIC peers · 22/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.67× · 16/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength22/25 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.

Longevity13/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

Act 2006. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/05/2025

Net Worth

£909k

Balance sheet strength

Cash

£49

Cash in the bank

Net Current Assets

£792k

Working capital

Current Assets

£2.0M

Current Liabilities

£1.2M

Fixed Assets

£590k

Debtors

£1.7M

8avg. employees

Balance Sheet

Assets less current liabilities£1.4M
Signed by Mr Gurdip Bains 19 February 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.67+£0
20251.67-£39k
20241.29-£76k
20231.65+£54k
20221.50+£139k
20211.20+£141k
20201.11+£61k
20190.95+£187k
20180.75

Derived from filed accounts. Not audited figures.