Back to search

528 Group Limited

15171192

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

10 MAGDALENE ROAD, WALSALL, WS1 3TA
Incorporated 28/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10890
Manufacture of other food products
25990
Manufacture of other fabricated metal products
47910
Retail sale via mail order houses or via Internet
82990
Other business support service activities

Officers

Mr Amrut Panchal

director · Since 28/09/2023

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 4 other boards

Mr Kiran Panchal

director · Since 01/12/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 2 other boards

Persons with Significant Control

Mr Amrut Panchal

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

British · England · Age 73

10, Magdalene Road, Walsall, WS1 3TA

Notified 28/09/2023

CompanyRankvs 3510+ SIC 10890 peers
29

Financial strength9th percentile among SIC peers · 2/25
Employees47th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.41× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength2/25 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.

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.

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

-£48k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£18k

Working capital

Current Assets

£12k

Current Liabilities

£30k

Fixed Assets

£284

Debtors

£8k

1avg. employees

Balance Sheet

Assets less current liabilities-£17k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.41

Derived from filed accounts. Not audited figures.