Back to search

Blu Star Fabric Limited

11755714

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 12 BARATT INDUSTRIAL PARK, SOUTHALL, UB1 3AF
Incorporated 08/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46410
Wholesale of textiles

Officers

Mr Charanjeet Singh Bhatia

director · Since 08/01/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 4 other boards

Mr Gurpreet Singh

director · Since 08/01/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 3 other boards

Persons with Significant Control

Mr Charanjeet Singh Bhatia

ownership-of-shares-25-to-50-percent-as-firm
voting-rights-25-to-50-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · England · Age 41

Unit 12, Baratt Industrial Park, Southall, UB1 3AF

Notified 08/01/2019

CompanyRankvs 2936+ SIC 46410 peers
33

Financial strength7th percentile among SIC peers · 2/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Whaleys(Bradford)Limited
90
2Ashley Wilde Group Limited
90
3Ema Textiles Limited
90
4Arista (U.K.) Limited
90
5Lewis & Co. (Fabrics) Limited
90
6Ralawise Limited
90
7Gailarde Limited
90
8E J Orr Limited
90
9S M D Textiles Limited
90
10Prestigious Textiles Limited
90
2936Blu Star Fabric Limited
29
How is this score calculated?
Financial strength2/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 30/06/2024

Net Worth

-£27k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£27k

Working capital

Current Assets

£224k

Current Liabilities

£251k

0avg. employees

Balance Sheet

Assets less current liabilities-£27k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.89-£2k
20230.68-£79k
20221.30-£70k
20211.42+£3k
20201.41—

Derived from filed accounts. Not audited figures.