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Building Innovations (Uk) Limited

09270892

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

4 WANGEY ROAD, ROMFORD, RM6 4DD
Incorporated 20/10/2014

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 04/08/2025

Due 18/08/2026

On track

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Mr Kulbir Bassi

secretary · Since 20/10/2014

Mr Balbir Singh Bassi

director · Since 20/10/2014

MANAGER

BRITISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr Balbir Bassi

50–75% shares

British · England · Age 43

4, Wangey Road, Romford, RM6 4DD

Notified 01/07/2016

Ms Sharan Preet Kaur Bassi

25–50% shares

British · England · Age 37

4, Wangey Road, Romford, RM6 4DD

Notified 15/08/2024

CompanyRankvs 837+ SIC 41201 peers
85

Financial strength94th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.74× · 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 strength24/25 pts

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

Employees14/15 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 31/10/2024

Net Worth

£716k

Balance sheet strength

Cash

£851k

Cash in the bank

Net Current Assets

£708k

Working capital

Current Assets

£1.1M

Current Liabilities

£408k

Fixed Assets

£8k

Debtors

£263k

6avg. employees+5
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.74+£339k
20232.82+£110k
202232.04+£58k
20215.12+£70k
20205.69+£36k
20191.87+£30k
20182.35

Derived from filed accounts. Not audited figures.