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Ik Enterprises Limited

11852091

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

106 WALHOUSE ROAD, WALSALL, WS1 2BE
Incorporated 28/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Bindweep Kaur

director · Since 28/02/2019

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Mr Inderpreet Singh Sohi

director · Since 28/02/2019

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Bindweep Kaur

25–50% shares
25–50% votes
Appoint directors

British · England · Age 43

106, Walhouse Road, Walsall, WS1 2BE

Notified 28/02/2019

Mr Inderpreet Singh Sohi

25–50% shares
Appoint directors

British · England · Age 46

106, Walhouse Road, Walsall, WS1 2BE

Notified 01/02/2024

Charges1 outstanding

Charge
outstanding

WEST BROMWICH COMMERCIAL LIMITED

Created 08/01/2021Registered 08/01/2021

CompanyRankvs 31740+ SIC 68209 peers
60

Financial strength99th percentile among SIC peers · 25/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 5.56× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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31740Ik Enterprises Limited
70
How is this score calculated?
Financial strength25/25 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.

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.

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 28/02/2025

Net Worth

£6.4M

Balance sheet strength

Cash

£3.9M

Cash in the bank

Net Current Assets

£3.2M

Working capital

Current Assets

£4.0M

Current Liabilities

£711k

Fixed Assets

£3.1M

Debtors

£100k

0avg. employees

Balance Sheet

Assets less current liabilities£6.4M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20255.56+£2.0M
20244.92+£913k
20239.21—

Derived from filed accounts. Not audited figures.