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Bains Homes Ltd

12189926

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

43 WOODLAND AVENUE, COVENTRY, CV5 6DD
Incorporated 04/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Kirpal Singh Bains

director · Since 04/09/2019

OPTOMETRIST

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mr Kirpal Singh Bains

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

British · England · Age 52

43, Woodland Avenue, Coventry, CV5 6DD

Notified 04/09/2019

Mrs Inderjit Kaur Bains

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

British · England · Age 47

43, Woodland Avenue, Coventry, CV5 6DD

Notified 04/09/2019

CompanyRankvs 34268+ SIC 41100 peers
54

Financial strength80th percentile among SIC peers · 20/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.05× · 2/20
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 strength20/25 pts

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

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 30/09/2024

Net Worth

£114k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£242k

Working capital

Current Assets

£12k

Current Liabilities

£254k

Fixed Assets

£380k

Debtors

£1k

2avg. employees

Tax at Year End

Corp tax£1k

Director Loans

Company owes directors£251k

Balance Sheet

Assets less current liabilities£138k
Signed by Mr K Bains 14 February 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.05+£30k
20230.02+£11k
20220.03+£4k
20210.01+£10k
20200.01

Derived from filed accounts. Not audited figures.