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Lounge 327 Limited

15038099

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

327 DUDLEY ROAD, WOLVERHAMPTON, WV2 3JY
Incorporated 31/07/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47290
Other retail sale of food in specialised stores
56101
Licensed restaurants
56102
Unlicensed restaurants and cafes
56103
Take-away food shops and mobile food stands

Officers

Mr Laksh Jangra

director · Since 31/07/2023

DIRECTOR

INDIAN · ENGLAND · Age 23

Mr Davinder Talwar

director · Since 31/10/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 3 other boards

Persons with Significant Control

Mr Laksh Jangra

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

Indian · England · Age 23

327, Dudley Road, Wolverhampton, WV2 3JY

Notified 31/07/2023

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 05/11/2025Registered 07/11/2025

CompanyRankvs 5832+ SIC 47290 peers
22

Financial strength27th percentile among SIC peers · 7/25
Employees31th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength7/25 pts

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

Employees5/15 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.

Longevity3/15 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 31/07/2024

Net Worth

£1

Balance sheet strength

Cash

£798

Cash in the bank

Net Current Assets

-£322k

Working capital

Current Assets

£6k

Current Liabilities

£329k

Fixed Assets

£322k

Debtors

£5k

1avg. employees

Balance Sheet

Assets less current liabilities£1
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.02

Derived from filed accounts. Not audited figures.