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S Bains Limited

12680498

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

66 BREAMORE ROAD, ILFORD, IG3 9ND
Incorporated 18/06/2020

Compliance

Last accounts

30/06/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 15/05/2025

Due 29/05/2026

On track

Industry

68320
Management of real estate on a fee or contract basis

Officers

Mr Sital Singh Bains

director · Since 18/06/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 78

Also on 8 other boards

Mr Sukhjit Bains

director · Since 20/12/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 14 other boards

Persons with Significant Control

Mr Sital Singh Bains

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

British · United Kingdom · Age 78

66, Breamore Road, Ilford, IG3 9ND

Notified 18/06/2020

Charges1 outstanding

Charge
outstanding

YORKSHIRE BUILDING SOCIETY

Created 14/12/2020Registered 30/12/2020

CompanyRankvs 5023+ SIC 68320 peers
68

Financial strength99th percentile among SIC peers · 25/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 31.93× · 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 strength25/25 pts

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

Employees12/15 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 30/06/2024

Net Worth

£2.8M

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£2.7M

Working capital

Current Assets

£2.8M

Current Liabilities

£89k

Fixed Assets

£6.9M

Debtors

£2.8M

2avg. employees

Tax at Year End

Corp tax£51k

Director Loans

Company owes directors£12k

Balance Sheet

Bank loans & overdrafts£5.2M
Assets less current liabilities£9.6M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
202431.93+£73k
202338.33-£86k
20227.51+£50k
20218.83

Derived from filed accounts. Not audited figures.