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Bars Corporation Ltd

08813955

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

15 ILFRACOMBE GARDENS, ROMFORD, RM6 4RL
Incorporated 13/12/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Sunita Mohan

director · Since 13/12/2013

MANAGER

BRITISH · ENGLAND · Age 56

Mr Brij Mohan

director · Since 01/06/2025

MANAGER

INDIAN · ENGLAND · Age 61

Also on 2 other boards

Persons with Significant Control

Mrs Sunita Mohan

25–50% shares
25–50% votes

British · England · Age 56

15, Ilfracombe Gardens, Romford, RM6 4RL

Notified 06/04/2016

Mr Brij Mohan

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

Indian · England · Age 61

15, Ilfracombe Gardens, Romford, RM6 4RL

Notified 01/06/2025

Charges4 outstanding

Charge
outstanding

INTERBAY FUNDING, LTD

Created 16/12/2025Registered 17/12/2025
Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 28/11/2025Registered 05/12/2025
Charge
outstanding

INTERBAY FUNDING, LTD

Created 01/12/2025Registered 01/12/2025
Charge
outstanding

YORKSHIRE BUILDING SOCIETY TRADING AS NORWICH & PETERBOROUGH BUILDING SOCIETY

Created 31/10/2017Registered 01/11/2017

CompanyRankvs 97343+ SIC 68209 peers
44

Financial strength84th percentile among SIC peers · 21/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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97343Bars Corporation Ltd
53
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.

Employees3/15 pts

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

Liquidity2/20 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

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

£237k

Balance sheet strength

Cash

£82k

Cash in the bank

Net Current Assets

-£217k

Working capital

Current Assets

£88k

Current Liabilities

£305k

Fixed Assets

£615k

Debtors

£7k

0avg. employees

Tax at Year End(2019)

Corp tax£7k

Balance Sheet

Bank loans & overdrafts£147k
Assets less current liabilities£399k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.29+£57k
20240.25+£36k
20230.26+£49k
20220.16+£33k
20210.34+£24k
20200.25+£15k
20190.13—

Derived from filed accounts. Not audited figures.