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Cross Lances Flat6 Limited

12514621

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

FLAT 1 SIM HEIGHTS, CROYDON, CR0 2YW
Incorporated 12/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

98000
Undifferentiated goods-and services-producing activities of private households for own use

Officers

Mr Kamal Preet Singh

director · Since 12/03/2020

COMPANY DIRECTOR

INDIAN · ENGLAND · Age 42

Also on 6 other boards

Mr Gurcharan Singh Hans

director · Since 15/04/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 5 other boards

Persons with Significant Control

Mr Kamal Preet Singh

25–50% shares
25–50% votes

Indian · England · Age 42

Flat 1 Sim Heights, 52 Sydenham Road, Croydon, CR0 2YW

Notified 22/03/2021

Gurcharan Singh Hans

25–50% shares
25–50% votes

British · England · Age 56

2, Carfax Road, Hayes, UB3 4RB

Notified 15/04/2021

Former PSCs

Cross Lances Property Investments Limited

Ceased 15/04/2021

Kk Insvestments Limited

Ceased 23/06/2023

Charges1 outstanding

Charge
outstanding

WEST ONE LOAN LIMITED

Created 12/07/2023Registered 28/07/2023
Charge
satisfied

WEST ONE DEVELOPMENT FINANCE LIMITED

Created 28/06/2021Registered 02/07/2021Satisfied 28/07/2023

CompanyRankvs 48355+ SIC 98000 peers
39

Financial strength6th percentile among SIC peers · 2/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 7.1× · 20/20
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 strength2/25 pts

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

Employees6/15 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.

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 31/03/2023

Net Worth

-£814

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£8.5M

Working capital

Current Assets

£9.9M

Current Liabilities

£1.4M

0avg. employees-3

Balance Sheet

Assets less current liabilities£8.5M
Prepared with Sage Accounts Production Advanced 2021 - FRS102_2021

EstimatesDerived

YearCurrent Ratio
20237.10
20224.55

Derived from filed accounts. Not audited figures.