Back to search

Silk Contracts Limited

10636554

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

C/O NEUM INSOLVENCY, SUITE 9, AMBA HOUSE, HARROW, HA1 1BA
Incorporated 23/02/2017

Compliance

Last accounts

31/07/2022

total exemption full

Next accounts due

30/07/2024

Overdue

Confirmation statement

Last: 22/02/2024

Due 08/03/2025

Overdue

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Mr Richard James Diamond

director · Since 23/02/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Mr Manminderpal Singh Jheeta

director · Since 23/02/2017

SITE MANAGER

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Mr Rishipal Singh

director · Since 23/02/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 10 other boards

Persons with Significant Control

Mr Manminderpal Singh Jheeta

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

British · United Kingdom · Age 51

Unit 3, Second Floor, 80-82 Pride Court, London, N1 9PF

Notified 16/07/2019

Former PSCs

Mr Rishipal Singh

Ceased 16/07/2019

Mr Richard James Diamond

Ceased 16/07/2019

Charges1 outstanding

Charge
outstanding

RMC LENDING LIMITED

Created 23/12/2020Registered 04/01/2021

Insolvency History1 case

creditors voluntary liquidation29/07/2024

Umang Patel (practitioner)

CompanyRankvs 15+ SIC 41201 peers
16

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.23× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
Show leaderboard
1Flower & Hayes Limited
90
2Wernick Buildings Limited
90
3Modex Spaces Ltd
90
4Taylor Lindsey Limited
90
5A.W. Hardy & Co. Limited
90
6H.H.Adkins(Contractors)Limited
90
7Walter Carefoot & Sons (Construction) Limited
90
8A. Hammond & Sons Limited
90
9John West (Contractors) Limited
90
10Kimpton Ltd
90
How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity12/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/07/2022

Net Worth

£595k

Balance sheet strength

Cash

£28k

Cash in the bank

Net Current Assets

£4.8M

Working capital

Current Assets

£25.4M

Current Liabilities

£20.6M

Fixed Assets

£23k

Debtors

£25.4M

3avg. employees+2

Tax at Year End(2021)

Corp tax£10k

Balance Sheet

Assets less current liabilities£4.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20221.23+£364k
20211.98—

Derived from filed accounts. Not audited figures.