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Kundi Hardware Ltd

13727839

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

10 SEDGLEY GROVE, BIRMINGHAM, B20 1JE
Incorporated 08/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46740
Wholesale of hardware, plumbing and heating equipment and supplies
47520
Retail sale of hardware, paints and glass in specialised stores

Officers

Mr Ranjit Singh Kundi

secretary · Since 08/11/2021

Also on 2 other boards

Mr Ranjit Singh Kundi

director · Since 08/11/2021

CARPENTER

BRITISH · UNITED KINGDOM · Age 59

Also on 2 other boards

Persons with Significant Control

Mr Ranjit Singh Kundi

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 59

10, Sedgley Grove, Birmingham, B20 1JE

Notified 08/11/2021

Charges1 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 28/03/2025Registered 01/04/2025

CompanyRankvs 1079+ SIC 46740 peers
53

Financial strength74th percentile among SIC peers · 19/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.25× · 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 strength19/25 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.

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 31/12/2024

Net Worth

£130k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£96k

Working capital

Current Assets

£476k

Current Liabilities

£380k

Fixed Assets

£35k

7avg. employees

Balance Sheet

Assets less current liabilities£131k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.25+£51k
20231.13+£86k
20220.80

Derived from filed accounts. Not audited figures.