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Perfection Clothing Ltd

09171630

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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
Employees99th 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
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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+£523k
20212.13+£241k
20201.92
20191.54
20181.32

Derived from filed accounts. Not audited figures.