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Tr Wings Limited

14375040

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

LOCAL CENTRE, UNIT 5 PYE GREEN RD NOBLE ROAD, CANNOCK, WS12 4RW
Incorporated 25/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Ravtej Singh Mangat

director · Since 25/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 6 other boards

Mr Avtar Singh Sandhar

director · Since 25/09/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 8 other boards

Mrs Sharanjeet Kaur Choongh

director · Since 05/03/2025

MANAGER

BRITISH · UNITED KINGDOM · Age 32

Also on 3 other boards

Persons with Significant Control

Mr Ravtej Singh Mangat

Appoint directors

British · England · Age 4

Local Centre, Unit 5 Pye Green Rd, Noble Road, Cannock, WS12 4RW

Notified 25/09/2022

Mr Avtar Singh Sandhar

Appoint directors

British · United Kingdom · Age 46

112a, Norton Road, Walsall, WS3 4NU

Notified 25/09/2022

Mr Shangara Singh Choongh

Appoint directors

British · England · Age 60

24, Hatherton Road, Cannock, WS11 1HG

Notified 25/09/2022

Mrs Sharanjeet Kaur Choongh

Significant control

British · United Kingdom · Age 32

24, Hatherton Road, Cannock, WS11 1HG

Notified 05/03/2025

Former PSCs

Mr Tajinder Singh Choongh

Ceased 05/03/2025

CompanyRankvs 6622+ SIC 56102 peers
62

Financial strength92th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.79× · 6/20
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 strength23/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 30/09/2024

Net Worth

£76k

Balance sheet strength

Cash

£40k

Cash in the bank

Net Current Assets

-£34k

Working capital

Current Assets

£131k

Current Liabilities

£166k

Fixed Assets

£126k

Debtors

£87k

15avg. employees+1

Tax at Year End

VAT£31k

Balance Sheet

Intangible assets£12k
Assets less current liabilities£92k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.79+£65k£628k
20230.34£399k

Derived from filed accounts. Not audited figures.