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Hkm Ventures Limited

13877662

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

17 LICHFIELD STREET, WALSALL, WS1 1TJ
Incorporated 28/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Gurbaksh Kaur Manchanda

director · Since 28/01/2022

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 4 other boards

Mr Gurmukh Singh Manchanda

director · Since 28/01/2022

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 8 other boards

Mr Gursev Singh Manchanda

director · Since 28/01/2022

DIRECTOR

INDIAN · INDIA · Age 44

Also on 1 other board

Persons with Significant Control

Mr Gurmukh Singh Manchanda

25–50% shares
25–50% votes

British · England · Age 50

Grove House, Coombs Wood Court, Halesowen, B62 8BF

Notified 28/01/2022

Mr Gursev Singh Manchanda

25–50% shares
25–50% votes

Indian · India · Age 44

Grove House, Coombs Wood Court, Halesowen, B62 8BF

Notified 28/01/2022

Charges1 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 08/12/2022Registered 14/12/2022

CompanyRankvs 209960+ SIC 68209 peers
26

Financial strength10th percentile among SIC peers · 3/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength3/25 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.

Longevity4/15 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 30/09/2024

Net Worth

-£21k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

-£376k

Working capital

Current Assets

£69k

Current Liabilities

£446k

Fixed Assets

£883k

Debtors

£48k

2avg. employees

Balance Sheet

Bank loans & overdrafts£528k
Assets less current liabilities£507k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.16-£11k
20230.13

Derived from filed accounts. Not audited figures.