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Balor Ltd

13382034

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

SHERINGHS HOUSE, SHEFFIELD, S9 1XA
Incorporated 07/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46620
Wholesale of machine tools
46760
Wholesale of other intermediate products

Officers

Mr Surinder Pal Singh Gill

director · Since 07/05/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Mr Prempal Singh Gill

director · Since 01/02/2025

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 5 other boards

Persons with Significant Control

Mr Surinder Pal Singh Gill

Significant control

British · United Kingdom · Age 60

Sheringhs House, Park House Lane, Sheffield, S9 1XA

Notified 07/05/2021

Charges1 outstanding

Charge
outstanding

SKIPTON BUSINESS FINANCE LIMITED

Created 20/03/2026Registered 20/03/2026

CompanyRankvs 393+ SIC 46620 peers
43

Financial strength38th percentile among SIC peers · 10/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.23× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength10/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 31/05/2024

Net Worth

£1k

Balance sheet strength

Cash

£132k

Cash in the bank

Net Current Assets

£170k

Working capital

Current Assets

£898k

Current Liabilities

£728k

Fixed Assets

£35k

Debtors

£767k

4avg. employees+4

Balance Sheet

Assets less current liabilities£205k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.23
20231.16
20221.20

Derived from filed accounts. Not audited figures.