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Chana Solutions Ltd

11770474

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

33 WYCHWOOD GROVE, EASTLEIGH, SO53 1FQ
Incorporated 16/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production
71129
Other engineering activities

Officers

Mr. Harpal Singh Chana

director · Since 20/02/2019

ENGINEER

BRITISH · ENGLAND · Age 35

CompanyRankvs 902+ SIC 71121 peers
76

Financial strength81th percentile among SIC peers · 20/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.82× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees13/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2024

Net Worth

£58k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£56k

Working capital

Current Assets

£71k

Current Liabilities

£15k

Fixed Assets

£2k

3avg. employees

Balance Sheet

Assets less current liabilities£58k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20244.82-£16k
20233.40

Derived from filed accounts. Not audited figures.