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Nangla Furniture Ltd

10686216

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

NANGLA FURNITURE, BRAFORD, BD4 6HD
Incorporated 23/03/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture

Officers

Mr Jaspal Nangla

director · Since 23/03/2017

JOINER

BRITISH · UNITED KINGDOM · Age 39

Also on 2 other boards

Mr Avtar Nangla

director · Since 19/06/2023

CARPENTER

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr Avtar Nangla

25–50% shares
25–50% votes

British · England · Age 41

Nangla Furniture Ltd, Tong Street, Bradford, BD4 6HD

Notified 23/03/2017

Mr Jaspal Nangla

25–50% shares

British · England · Age 39

90, Tong Street, Bradford, BD4 6HD

Notified 19/06/2023

Former PSCs

Mr Jaspal Nangla

Ceased 01/12/2018

CompanyRankvs 509+ SIC 31090 peers
78

Financial strength84th percentile among SIC peers · 21/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.75× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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509Nangla Furniture Ltd
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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.

Employees13/15 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.

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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£96k

Balance sheet strength

Cash

£57k

Cash in the bank

Net Current Assets

£103k

Working capital

Current Assets

£131k

Current Liabilities

£28k

Fixed Assets

£19k

7avg. employees

Tax at Year End

Corp tax£2k
VAT£4k

Director Loans

Company owes directors£12k

Balance Sheet

Assets less current liabilities£122k
Signed by Mr Jaspal Nangla 23/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20254.75+£2k£74k
20246.67+£7k£119k
20236.86—£148k

Derived from filed accounts. Not audited figures.