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Conares Uk Limited

13630703

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

THE OVAL, LEICESTER, LE1 7EA
Incorporated 20/09/2021

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 20/10/2025

Due 03/11/2026

On track

Industry

24200
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel

Officers

Mr Bharat Bhatia

director · Since 20/09/2021

DIRECTOR

INDIAN · UNITED ARAB EMIRATES · Age 61

Mr Kush Bhatia

director · Since 20/09/2021

DIRECTOR

INDIAN · UNITED ARAB EMIRATES · Age 29

Mr Vivek Bhatia

director · Since 20/09/2021

DIRECTOR

INDIAN · UNITED ARAB EMIRATES · Age 33

CompanyRankvs 170+ SIC 24200 peers
64

Financial strength73th percentile among SIC peers · 18/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 38.31× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees6/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£93k

Balance sheet strength

Cash

£65k

Cash in the bank

Net Current Assets

£164k

Working capital

Current Assets

£168k

Current Liabilities

£4k

Debtors

£3k

0avg. employees

Balance Sheet

Assets less current liabilities£164k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202438.31+£147
202337.07-£7k

Derived from filed accounts. Not audited figures.