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Barn Park Limited

11308674

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

BARN PARK RESIDENTIAL CARE HOME, BEAWORTHY, EX21 5UQ
Incorporated 13/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87300
Residential care activities for the elderly and disabled

Officers

Mr Kiran Kumar Patel

director · Since 13/04/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Mrs Brenda Patel

secretary · Since 21/11/2022

Persons with Significant Control

Mr Kiran Kumar Patel

75–100% shares

British · United Kingdom · Age 72

Barn Park Residential Care Home, Halwill, Beaworthy, EX21 5UQ

Notified 13/04/2018

Charges2 outstanding

Charge
outstanding

UNITY TRUST BANK PLC

Created 23/11/2020Registered 30/11/2020
Charge
outstanding

UNITY TRUST BANK PLC

Created 23/11/2020Registered 30/11/2020
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 07/12/2018Registered 12/12/2018Satisfied 11/10/2022
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 31/05/2018Registered 07/06/2018Satisfied 11/10/2022

CompanyRankvs 966+ SIC 87300 peers
68

Financial strength91th percentile among SIC peers · 23/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 5.2× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees12/15 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.

Longevity8/15 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 30/04/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£375k

Cash in the bank

Net Current Assets

£303k

Working capital

Current Assets

£375k

Current Liabilities

£72k

Fixed Assets

£2.2M

25avg. employees-3

Balance Sheet

Assets less current liabilities£2.5M
Signed by 2024-05-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20255.20+£217k
20244.36+£220k
20234.02+£190k
20223.62+£147k
20213.20+£131k
20202.34+£116k
201916.77

Derived from filed accounts. Not audited figures.