Spin Investments Ltd
10999414
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 04/10/2025
Due 18/10/2026
Industry
Officers
Persons with Significant Control
Mr Gurprem Singh Busra
British · United Kingdom · Age 41
Hagley House, 95 Hagley Road, Birmingham, B16 8LA
Notified 05/10/2017
Mrs Navneet Kaur Busra
British · England · Age 40
Hagley House, 95 Hagley Road, Birmingham, B16 8LA
Notified 05/10/2017
Charges1 outstanding
THE MORTGAGE LENDER LIMITED
CHARTER COURT FINANCIAL SERVICES LIMITED
Change History
Active
Private Limited Company
HAGLEY HOUSE
BIRMINGHAM
CompanyRankvs 65514+ SIC 68100 peers39
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/10/2024
Net Worth
£51k
Balance sheet strength
Cash
£17k
Cash in the bank
Net Current Assets
-£46k
Working capital
Current Assets
£17k
Current Liabilities
£63k
Fixed Assets
£262k
Debtors
£0
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.27 | +£10k |
| 2023 | 0.25 | +£9k |
| 2022 | 0.18 | +£10k |
| 2021 | 0.10 | +£8k |
| 2020 | 0.05 | +£5k |
| 2019 | 0.06 | +£6k |
| 2018 | 0.08 | — |
Derived from filed accounts. Not audited figures.