Back to search

Sipca Limited

13364440

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

114-116 GOODMAYES ROAD, ILFORD, IG3 9UZ
Incorporated 28/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Iqbal Kaur Takhar

secretary · Since 28/04/2021

Mrs Iqbal Kaur Takhar

director · Since 28/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 26 other boards

Mr Sukhbinder Singh Takhar

director · Since 28/04/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 24 other boards

Persons with Significant Control

Mr Sukhbinder Singh Takhar

25–50% shares

British · United Kingdom · Age 71

114-116 Goodmayes Road, Ilford, IG3 9UZ

Notified 28/04/2021

Former PSCs

Mrs Iqbal Kaur Takhar

Ceased 28/04/2021

Charges1 outstanding

Charge
outstanding

DAVID WILLIAM PAYNE

Created 25/10/2024Registered 05/11/2024

CompanyRankvs 78557+ SIC 68100 peers
35

Financial strength9th percentile among SIC peers · 2/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 95.36× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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.

Employees3/15 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.

Longevity5/15 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 30/06/2023

Net Worth

-£32k

Balance sheet strength

Cash

£234k

Cash in the bank

Profit Before Tax

-£29k

Bottom line earnings

Net Current Assets

£1.5M

Working capital

Current Assets

£1.5M

Current Liabilities

£16k

Debtors

£1.3M

Admin Expenses

£29k

Profit After Tax

-£29k

0avg. employees

Balance Sheet

Assets less current liabilities£3.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202395.36-£29k
2022139.51

Derived from filed accounts. Not audited figures.