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Bars (Commercial) Ltd

14170187

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

3 REDWOOD DRIVE, OLDBURY, B69 2HY
Incorporated 14/06/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Mr Amritpal Singh Kang

director · Since 14/06/2022

COMPANY DIRECTOR

INDIAN · ENGLAND · Age 41

Mr Balbir Singh Kang

director · Since 14/06/2022

COMPANY DIRECTOR

INDIAN · UNITED KINGDOM · Age 70

Also on 3 other boards

Mr Rajveer Singh Kang

director · Since 14/06/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 2 other boards

Mrs Surinder Kaur Kang

director · Since 14/06/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 2 other boards

Persons with Significant Control

Mrs Surinder Kaur Kang

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 69

3, Redwood Drive, Oldbury, B69 2HY

Notified 14/06/2022

Mr Balbir Singh Kang

25–50% shares
25–50% votes
Appoint directors

Indian · United Kingdom · Age 70

3, Redwood Drive, Oldbury, B69 2HY

Notified 14/06/2022

CompanyRankvs 14133+ SIC 56302 peers
42

Financial strength57th percentile among SIC peers · 14/25
Employees47th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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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.

Employees7/15 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 30/06/2025

Net Worth

£3k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£635k

Working capital

Current Assets

£119k

Current Liabilities

£754k

Fixed Assets

£638k

Debtors

£117k

4avg. employees

Balance Sheet

Assets less current liabilities£3k
Prepared with Sage Accounts Production 25.0 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20250.16+£4k
20240.16+£798
20230.15

Derived from filed accounts. Not audited figures.