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Rms Heating Ltd

11834438

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

568 PENN ROAD, WOLVERHAMPTON, WV4 4HU
Incorporated 19/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Perminder Singh Chana

director · Since 03/07/2024

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 4 other boards

Persons with Significant Control

Mr Perminder Singh Chana

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm

British · England · Age 47

Hazara House 502-504 C/O Xl Associates, Dudley Road, Wolverhampton, WV2 3AA

Notified 03/07/2024

Former PSCs

Mrs Devinder Kaur Chana

Ceased 03/07/2024

CompanyRankvs 15094+ SIC 43220 peers
56

Financial strength50th percentile among SIC peers · 13/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 12.81× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength13/25 pts

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

Employees1/15 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.

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 28/02/2023

Turnover

£244k

Annual revenue

Net Worth

£5k

Balance sheet strength

Cash

£479

Cash in the bank

Profit Before Tax

£3k

Bottom line earnings

Net Current Assets

£47k

Working capital

Current Assets

£51k

Current Liabilities

£4k

Debtors

£51k

Cost of Sales

£236k

Gross Profit

£8k

Admin Expenses

£5k

Operating Profit

£3k

Profit After Tax

£3k

0avg. employees

Tax at Year End

Corp tax£598

Balance Sheet

Assets less current liabilities£47k
Prepared with Sage Accounts Production Advanced 2021 - FRS102_2021

EstimatesDerived

YearCurrent RatioImplied Profit
202312.81+£3k
202212.45
202113.66
20204.62

Derived from filed accounts. Not audited figures.