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Balendra Assets Ltd

13447561

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

8 HAMLIN CRESENT, PINNER, HA5 2SU
Incorporated 09/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Kanagasabapathy Balendra

director · Since 09/06/2021

SOFTWARE TEST LEAD

BRITISH · ENGLAND · Age 57

Also on 4 other boards

Narshika Balendra

director · Since 09/06/2021

ACCOUNTANT

BRITISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Narshika Balendra

25–50% shares
25–50% votes

British · England · Age 54

8, Hamlin Cresent, Pinner, HA5 2SU

Notified 09/06/2021

Mr Kanagasabapathy Balendra

25–50% shares
25–50% votes

British · England · Age 57

8, Hamlin Cresent, Pinner, HA5 2SU

Notified 09/06/2021

Charges1 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 24/01/2023Registered 24/01/2023

CompanyRankvs 79558+ SIC 68209 peers
47

Financial strength91th percentile among SIC peers · 23/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.01× · 2/20
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 strength23/25 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.

Liquidity2/20 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 31/03/2025

Net Worth

£683k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£84k

Working capital

Current Assets

£710

Current Liabilities

£95k

Fixed Assets

£1.9M

2avg. employees

Tax at Year End(2022)

Corp tax£4k

Director Loans(2023)

Company owes directors£25k

Balance Sheet

Assets less current liabilities£1.8M
Signed by Mr Kanagasabapathy Balendra 31/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01+£0
20250.01-£21k
20242.92-£18k
20235.95-£28k
20220.39

Derived from filed accounts. Not audited figures.