Laundry Room (Bangor) Limited
11222198
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Bipin Chawla
British · Wales · Age 64
3, The Crescent, Bangor, LL57 2AA
Notified 17/12/2018
Former PSCs
Mr Shelin Chawla
Ceased 17/12/2018
Charges1 outstanding
MORLEY CAPITAL LTD TRADING AS SIMPLY FUNDED
TALLAGHT FINANCIAL LTD
ASKIF FUNDING (SERIES 2019-1) LIMITED
CompanyRankvs 1173+ SIC 47110 peers69
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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 28/02/2025
Net Worth
£267k
Balance sheet strength
Cash
£17k
Cash in the bank
Net Current Assets
£315k
Working capital
Current Assets
£358k
Current Liabilities
£43k
Fixed Assets
£107k
Debtors
£213k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 8.29 | +£9k |
| 2024 | 3.94 | +£7k |
| 2023 | 7.80 | +£4k |
| 2022 | 1.48 | +£112k |
| 2021 | 0.96 | — |
Derived from filed accounts. Not audited figures.