Al Balad Ltd
12017471
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Khodor Hakim
Lebanese · United Kingdom · Age 39
32 Woodstock Grove, Shepherds Bush, London, W12 8LE
Notified 05/02/2026
Former PSCs
Mr Ali Hakim
Ceased 16/09/2025
Mr Hussein Hakim
Ceased 06/02/2026
CompanyRankvs 15637+ SIC 56102 peers43
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2024
Net Worth
-£122k
Balance sheet strength
Cash
£123k
Cash in the bank
Net Current Assets
-£125k
Working capital
Current Assets
£172k
Current Liabilities
£297k
Fixed Assets
£3k
Debtors
£41k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.58 | -£131k |
| 2023 | 1.05 | — |
| 2022 | 0.99 | — |
| 2021 | 4.64 | — |
Derived from filed accounts. Not audited figures.