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Bal Vision Limited

10307597

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

16 LOCKHART CLOSE, LEICESTER, LE3 3SF
Incorporated 02/08/2016

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 08/08/2025

Due 22/08/2026

On track

Industry

86900
Other human health activities

Officers

Mr Karundeep Singh Bal

director · Since 02/08/2016

OPTOMETRIST

BRITISH · UNITED KINGDOM · Age 33

Also on 7 other boards

Persons with Significant Control

Mr Karundeep Singh Bal

75–100% shares
75–100% votes
Appoint directors
Significant control

British · United Kingdom · Age 33

16, Lockhart Close, Leicester, LE3 3SF

Notified 02/08/2016

CompanyRankvs 56714+ SIC 86900 peers
28

Financial strength8th percentile among SIC peers · 2/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees5/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

Act 2006. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/09/2024

Net Worth

-£8k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£55k

Current Liabilities

£59k

Fixed Assets

£971

Debtors

£34k

1avg. employees

Tax at Year End(2022)

Corp tax£857

Balance Sheet

Assets less current liabilities-£2k
Signed by Mr Karundeep Bal 27 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94-£10k
20231.80-£14k
20222.53-£16k
20219.31+£6k
20203.97—
20193.87—
20181.84—

Derived from filed accounts. Not audited figures.