Balta Floorcovering Uk Limited
11978782
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 01/10/2022
director · Since 01/10/2022
DIRECTOR OF OPERATIONS
BRITISH · UNITED KINGDOM · Age 58
Also on 3 other boards
director · Since 01/10/2022
ACCOUNTANT/FINANCE DIRECTOR
BRITISH · WALES · Age 50
Also on 14 other boards
Persons with Significant Control
Victoria Midco Holdings Limited
Victoria Carpets Ltd, Worcester Road, Kidderminster, DY10 1JR
Reg: 09966342 · United Kingdom · Corporate
Notified 04/04/2022
Former PSCs
Balta Group Nv
Ceased 04/04/2022
Charges3 outstanding
GLAS TRUST CORPORATION LIMITED AS SECURITY AGENT
KBC COMMERCIAL FINANCE NV
NATIONAL WESTMINSTER BANK PLC AS SECURITY AGENT
CompanyRankvs 31+ SIC 13931 peers47
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are de
Key FinancialsYear ending 31/12/2021
Turnover
£1.4M
Annual revenue
Net Worth
£123k
Balance sheet strength
Cash
£57k
Cash in the bank
Profit Before Tax
£75k
Bottom line earnings
Net Current Assets
£123k
Working capital
Current Assets
£512k
Current Liabilities
£390k
Debtors
£455k
Gross Profit
£1.4M
Admin Expenses
£1.3M
Operating Profit
£75k
Profit After Tax
£61k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2021 | 1.31 |
Derived from filed accounts. Not audited figures.