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E7 Homes Ltd.

12419078

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

13 KENSINGTON GARDENS, ILFORD, IG1 3EJ
Incorporated 22/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Gurnek Singh Bassan

secretary · Since 22/01/2020

Mr Jatinder Singh Bassan

director · Since 22/01/2020

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 43

Also on 5 other boards

Mr Manjit Singh Bassan

director · Since 22/01/2020

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 71

Persons with Significant Control

Bassan Group Holdings Limited

75–100% shares
75–100% votes

13, Kensington Gardens, Ilford, IG1 3EJ

Reg: 12919770 · Companies House · Limited Company

Notified 04/10/2020

Former PSCs

Mr Manjit Singh Bassan

Ceased 20/04/2025

Charges3 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 02/10/2020Registered 27/10/2020
Charge
outstanding

PARAGON BANK PLC

Created 02/10/2020Registered 20/10/2020
Charge
outstanding

PARAGON BANK PLC

Created 02/10/2020Registered 19/10/2020

CompanyRankvs 132023+ SIC 68209 peers
37

Financial strength84th percentile among SIC peers · 21/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.38× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees3/15 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.

Longevity6/15 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 31/08/2024

Net Worth

£236k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£5k

Current Liabilities

£12k

Debtors

£5k

0avg. employees

Balance Sheet

Bank loans & overdrafts£571k
Assets less current liabilities£808k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.38+£508
2023+£8k
2022+£2k
2021+£224k

Derived from filed accounts. Not audited figures.