Back to search

Perfection Clothing Ltd

09171630

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 9, PERCY BUSINESS PARK, OLDBURY, B69 2RD
Incorporated 12/08/2014

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 08/12/2025

Due 22/12/2026

On track

Industry

46160
Agents involved in the sale of textiles, clothing, fur, footwear and leather goods

Officers

Mr Ranjit Singh Bahia

director · Since 03/01/2017

SALES DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 4 other boards

Persons with Significant Control

Mr Ranjit Singh Bahia

75–100% shares
75–100% votes

British · England · Age 59

Unit 9, Percy Business Park, Rounds Green Road, Oldbury, B69 2RD

Notified 03/01/2017

Former PSCs

Mrs Neeraj Sehgal

Ceased 14/09/2018

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 30/11/2018Registered 04/12/2018
Charge
outstanding

HSBC UK BANK PLC

Created 30/11/2018Registered 03/12/2018

CompanyRankvs 103+ SIC 46160 peers
77

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.11× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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.

Longevity12/15 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 31/12/2024

Net Worth

£1.4M

Balance sheet strength

Cash

£473k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£1.8M

Current Liabilities

£444k

Fixed Assets

£75k

Debtors

£707k

11avg. employees

Balance Sheet

Assets less current liabilities£1.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.11+£213k
20233.97

Derived from filed accounts. Not audited figures.