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Bailey Garcha Ltd

09216313

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

SUITE 16C MCCLAREN, BIRMINGHAM, B4 7LR
Incorporated 12/09/2014

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 12/09/2025

Due 26/09/2026

On track

Industry

69102
Solicitors

Officers

Mr Simon Christopher Bailey

director · Since 12/09/2014

DIRECTOR

BRITISH · ENGLAND · Age 64

Mrs Parveen Garcha

director · Since 12/09/2014

DIRECTOR

BRITISH · ENGLAND · Age 58

Miss Kerendeep Kang

director · Since 12/09/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Mr Simon Christopher Bailey

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

British · United Kingdom · Age 64

Byrd Cottage, Ox Leys Road, Sutton Coldfield, B76 9PG

Notified 12/09/2016

Mrs Parveen Garcha

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

British · England · Age 58

Woodview Cottage, Wood Lane, Yoxall, DE13 8PH

Notified 12/09/2016

Miss Kerendeep Kang

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

British · United Kingdom · Age 44

Suite 16c Mcclaren, 46 Priory Queensway, Birmingham, B4 7LR

Notified 12/09/2016

CompanyRankvs 1153+ SIC 69102 peers
77

Financial strength77th percentile among SIC peers · 19/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 5.45× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees11/15 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£145k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£152k

Working capital

Current Assets

£187k

Current Liabilities

£34k

Fixed Assets

£4k

4avg. employees

Balance Sheet

Assets less current liabilities£156k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20245.45+£4k
20232.48+£51k
20223.56+£5k
20214.96-£2k
20203.53+£30k
20192.11+£178
20182.44—

Derived from filed accounts. Not audited figures.