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Ik Group Ltd

12115897

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 22/07/2019

Compliance

Last accounts

31/07/2025

micro entity

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 21/07/2025

Due 04/08/2026

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Sardev Singh Bachra

secretary · Since 22/07/2019

Also on 10 other boards

Mr Sardev Singh Bachra

director · Since 22/07/2019

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 10 other boards

Persons with Significant Control

Mr Sardev Singh Bachra

75–100% shares
75–100% votes
Appoint directors

British · England · Age 53

71-75 Shelton Street, Covent Garden, London, WC2H 9JQ

Notified 22/07/2019

Charges3 outstanding

Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 20/03/2020Registered 23/03/2020
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 18/03/2020Registered 20/03/2020
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 13/11/2019Registered 15/11/2019

CompanyRankvs 17291+ SIC 68100 peers
58

Financial strength67th percentile among SIC peers · 17/25
Employees59th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.83× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 pts

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

Employees9/15 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 31/07/2024

Net Worth

£11k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£659

Working capital

Current Assets

£1k

Current Liabilities

£360

Fixed Assets

£216k

1avg. employees

Balance Sheet

Assets less current liabilities£217k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20242.83+£8k
202324.54

Derived from filed accounts. Not audited figures.