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Lounge 327 Limited

15038099

active
Private Limited Company
england wales
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

Last accounts

31/07/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 30/07/2025

Due 13/08/2026

On track

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 5611+ 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.