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Iregal Ltd

10554223

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

70 UNDERWOOD ROAD, BIRMINGHAM, B20 1JS
Incorporated 09/01/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
41201
Construction of commercial buildings
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Baldev Singh Basi

director · Since 09/01/2017

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Mr Sukhdev Singh Basi

director · Since 09/01/2017

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 4 other boards

Persons with Significant Control

Mr Beldev Sing Basi

Significant control

British · England · Age 54

70, Underwood Road, Birmingham, B20 1JS

Notified 18/07/2020

Mr Sukhdev Singh Basi

Significant control

British · England · Age 54

70, Underwood Road, Birmingham, B20 1JS

Notified 01/12/2020

Charges2 outstanding

Charge
outstanding

STATE BANK OF INDIA

Created 28/02/2018Registered 28/02/2018
Charge
outstanding

STATE BANK OF INDIA

Created 28/02/2018Registered 28/02/2018

CompanyRankvs 10847+ SIC 41100 peers
65

Financial strength84th percentile among SIC peers · 21/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.83× · 16/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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10847Iregal Ltd
71
How is this score calculated?
Financial strength21/25 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.

Liquidity16/20 pts

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

Longevity9/15 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 31/01/2025

Net Worth

£200k

Balance sheet strength

Cash

£114k

Cash in the bank

Net Current Assets

£52k

Working capital

Current Assets

£115k

Current Liabilities

£63k

Fixed Assets

£1.7M

Debtors

£1k

4avg. employees

Tax at Year End

Corp tax£26k
VAT£4k

Director Loans

Company owes directors£1.5M

Balance Sheet

Assets less current liabilities£1.7M
Signed by Mr Gurdeep Singh Basi Mr Sukhdev Singh Basi Mr Baldev Singh Basi Mrs Satwant Kaur Basi 26 January 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.83+£58k£79k
20241.23+£41k£80k
20232.18+£51k£76k
20221.68+£40k—
20211.73+£53k—
20200.93-£43k—
20194.60——

Derived from filed accounts. Not audited figures.