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B2 Let Ltd

12204378

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

11 EASTCROFT, SLOUGH, SL2 1HT
Incorporated 12/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Mandeep Singh Virdee

secretary · Since 12/09/2019

Also on 1 other board

Mr Mandeep Singh Virdee

director · Since 12/09/2019

GAS ENGINEER

BRITISH · UNITED KINGDOM · Age 37

Also on 1 other board

Mrs Ravinder Kaur Virdee

director · Since 12/09/2019

ACCOUNTS MANAGER

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Mr Mandeep Singh Virdee

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

British · United Kingdom · Age 37

11, Eastcroft, Slough, SL2 1HT

Notified 12/09/2019

Mrs Ravinder Kaur Virdee

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

British · United Kingdom · Age 46

11, Eastcroft, Slough, SL2 1HT

Notified 12/09/2019

Charges1 outstanding

Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 16/03/2020Registered 18/03/2020

CompanyRankvs 280361+ SIC 68209 peers
17

Financial strength10th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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280361B2 Let Ltd
26
How is this score calculated?
Financial strength3/25 pts

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

Employees0/15 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.

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 30/09/2023

Net Worth

-£20k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£163k

Working capital

Current Assets

£6k

Current Liabilities

£169k

Fixed Assets

£397k

Balance Sheet

Assets less current liabilities£233k
Signed by Mr Mandeep Singh Virdee 19/06/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.03+£2k
20220.02+£4k
20210.02+£922
20200.02—

Derived from filed accounts. Not audited figures.