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Bains Kang Developments Ltd

11590059

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

66 BREAMORE ROAD, ILFORD, IG3 9ND
Incorporated 26/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Sukhjit Bains

director · Since 26/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 14 other boards

Mr Raovarinder Singh Kang

director · Since 26/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 4 other boards

Persons with Significant Control

Woodrow Estates Ltd

25–50% shares

66, Breamore Road, Ilford, IG3 9ND

Reg: 11394024 · Register Of Companies For England & Wales · Limited Company

Notified 27/09/2018

Kang Capital Ltd

25–50% shares

97 Carlton Avenue East, Wembley, HA9 8LZ

Reg: 10994248 · Register Of Companies For England & Wales · Limited Partnership

Notified 27/09/2018

Charges4 outstanding

Charge
outstanding

CYNERGY BANK PLC

Created 24/09/2025Registered 29/09/2025
Charge
outstanding

CYNERGY BANK PLC

Created 24/09/2025Registered 29/09/2025
Charge
outstanding

INVESTEC BANK PLC

Created 12/02/2025Registered 13/02/2025
Charge
outstanding

INVESTEC BANK PLC

Created 12/02/2025Registered 13/02/2025
Charge
satisfied

LLOYDS BANK PLC

Created 21/09/2020Registered 30/09/2020Satisfied 28/09/2022
Charge
satisfied

LLOYDS BANK PLC

Created 21/09/2020Registered 29/09/2020Satisfied 28/09/2022

CompanyRankvs 20118+ SIC 41100 peers
54

Financial strength85th percentile among SIC peers · 21/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 6.97× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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20118Bains Kang Developments Ltd
63
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.

Employees0/15 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 31/12/2024

Net Worth

£223k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£2.3M

Current Liabilities

£334k

Fixed Assets

£1.3M

Tax at Year End(2023)

Corp tax£49k

Director Loans(2023)

Directors owe company£12k

Balance Sheet

Assets less current liabilities£3.3M
Signed by Mr Raovarinder Kang 29/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20246.97+£36k
202313.26+£16k
202212.39+£288k
202258.53-£4k
20218.30-£104k

Derived from filed accounts. Not audited figures.