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Kharak Lettings Limited

14103724

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

UNIT 104 SOLENT BUSINESS CENTRE, SOUTHAMPTON, SO15 0HW
Incorporated 12/05/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Gurnam Singh Roath

director · Since 12/05/2022

CONSULTANT

BRITISH · ENGLAND · Age 61

Also on 6 other boards

Persons with Significant Control

Mr Gurnam Singh Roath

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

British · England · Age 61

97, Newlands Avenue, Southampton, SO15 5ET

Notified 12/05/2022

Charges3 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED (2058813)

Created 29/11/2024Registered 12/12/2024
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC (02222856)

Created 03/12/2024Registered 04/12/2024
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED (2058813)

Created 29/11/2024Registered 03/12/2024

CompanyRankvs 39458+ SIC 68100 peers
46

Financial strength58th percentile among SIC peers · 14/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 15.13× · 20/20
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 strength14/25 pts

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

Employees3/15 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.

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 31/05/2025

Net Worth

£3k

Balance sheet strength

Cash

£30k

Cash in the bank

Net Current Assets

£31k

Working capital

Current Assets

£34k

Current Liabilities

£2k

Fixed Assets

£384k

Debtors

£3k

0avg. employees

Balance Sheet

Bank loans & overdrafts£231k
Assets less current liabilities£416k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
202515.13

Derived from filed accounts. Not audited figures.