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V7 Business Ltd

13429300

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

FLAT 1 29, CHELTENHAM, GL50 2HX
Incorporated 31/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68201
Renting and operating of Housing Association real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr. Parvinder Singh

director · Since 31/05/2021

DIRECTOR

BRITISH · SCOTLAND · Age 39

Also on 10 other boards

Mr Samuel James Herbert

director · Since 24/05/2022

DIRECTOR

BRITISH · SCOTLAND · Age 29

Also on 9 other boards

Persons with Significant Control

Mr. Parvinder Singh

75–100% shares
75–100% votes

British · Scotland · Age 39

13429300 - Companies House Default Address, Cardiff, CF14 8LH

Notified 31/05/2021

Charges2 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 04/10/2024Registered 07/10/2024
Charge
outstanding

ALLICA BANK LIMITED

Created 02/10/2024Registered 04/10/2024
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 06/07/2022Registered 06/07/2022Satisfied 21/01/2025
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 24/06/2022Registered 01/07/2022Satisfied 21/01/2025

CompanyRankvs 82412+ SIC 68100 peers
38

Financial strength77th percentile among SIC peers · 19/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.88× · 6/20
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 strength19/25 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.

Liquidity6/20 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

£39k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£60k

Current Liabilities

£68k

Fixed Assets

£178k

0avg. employees

Balance Sheet

Assets less current liabilities£170k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.88+£20k
20230.43

Derived from filed accounts. Not audited figures.