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Chells Way Local Ltd

13975903

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

1 HEPWORTH COURT, STEVENAGE, SG2 0NB
Incorporated 15/03/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Gursach Singh Gulati

secretary · Since 15/03/2022

Mr Amarjeet Singh Gulati

director · Since 15/03/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 6 other boards

Mr Berlin Singh Khaneja

director · Since 15/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 27

Also on 2 other boards

Persons with Significant Control

Mr Berlin Singh Khaneja

Significant control

British · England · Age 27

1, Hepworth Court, Stevenage, SG2 0NB

Notified 15/03/2022

Mr Amarjeet Singh Gulati

Significant control

British · United Kingdom · Age 58

23, Hayman Crescent, Hayes, UB4 8PP

Notified 15/03/2022

Gulati Holdings Ltd

25–50% shares
25–50% votes

39, Alum Rock Road, Birmingham, B8 1LR

Reg: 12715761 · Companies House · Limited Company

Notified 15/03/2022

Khaneja Holdings Ltd

25–50% shares
25–50% votes

23, Hayman Crescent, Hayes, UB4 8PP

Reg: 13971039 · Companies House · Limited Company

Notified 15/03/2022

CompanyRankvs 14783+ SIC 47110 peers
41

Financial strength44th percentile among SIC peers · 11/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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14783Chells Way Local Ltd
41
How is this score calculated?
Financial strength11/25 pts

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

Employees9/15 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.

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

£4k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£231k

Working capital

Current Assets

£81k

Current Liabilities

£312k

Fixed Assets

£235k

4avg. employees+1
Signed by Mr B Khaneja,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.26+£2k

Derived from filed accounts. Not audited figures.