Company Overview
S Bains & Son Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 18 June 2020. S Bains & Son Limited has been in business for 5 years and 9 months. The accounts status is total exemption full and the accounts are next due on Monday 30 June 2025.
Registered Address

66 Breamore Road, Ilford, IG3 9ND
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Companies House Data
Company NameS BAINS & SON LIMITED
Company Number12680457
Registered Office Address66 Breamore Road
 IG3 9ND
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date18/06/2020
Accounting Reference Date Day30
Accounting Reference Date Month6
Accounts Next Due Date30/06/2025
Accounts Last Made Up Date30/06/2023
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date16/07/2021
Directors & Members
Sital Bains - Director
(British, 79 years old, born August 1947)
Appointed 18 June 2020
Active
Surinder Bains - Director
(British, 78 years old, born January 1948)
Appointed 18 June 2020
Active
Sukhjit Bains - Director
(British, 38 years old, born February 1988)
Appointed 18 June 2020
Active
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 30-Jun-2023 30-Jun-2022 30-Jun-2021
Balance Sheet
Fixed Assets 27,721,362 27,721,362 27,101,833
Current Assets 6,197,671 6,197,671 6,025,435
Creditors Due Within One Year 450,961 450,961 2,379,517
Working Cap 5,746,710 5,746,710 3,645,918
Total Assets Less Current Liabilities 33,468,072 33,468,072 30,747,751
Long-term Liabilities - - -
Net Assets - - -
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds - - -
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2023 30-Jun-2022 30-Jun-2021
Tangible Fixed Assets - - -
Fixed Assets 81.7% 81.7% 81.8%
Stocks Inventory - - -
Debtors 18.1% 18.1% 18.2%
Cash Bank In Hand 0.1% 0.1% 0.0%
Current Assets 18.3% 18.3% 18.2%
Creditors Due Within One Year 1.3% 1.3% 7.2%
Net Current Assets Liabilities 16.9% 16.9% 11.0%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds - - -
Capital Employed - - -
Total Assets Less Current Liabilities 98.7% 98.7% 92.8%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2023 30-Jun-2022 30-Jun-2021
Liquidity Ratio 13.7 13.7 2.5
Solvency Ratio - - -
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 13
Mortgages Outstanding 8
Mortgages Part Satisfied 0
Mortgages Satisfied 5
Assets and Debt Analysis Unlock full report
Accounts Date 30-Jun-2023 30-Jun-2022 30-Jun-2021
Assets 33,919,033 33,919,033 33,127,268
Debt - - -
Net Assets/Debt - - -

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around IG3 9ND
BENGAL CONDIMENTS LIMITED
48 Breamore Road, Breamore Road, Ilford, Essex, IG3 9ND
FSZ IT LIMITED
52 Breamore Road, Ilford, IG3 9ND
Document Filings
Compulsory strike-off action has been discontinued
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Confirmation statement made on 15 July 2025 with no updates
Confirmation statement made on 15 July 2024 with no updates
Cessation of Sukhjit Bains as a person with significant control on 7 July 2023
Notification of Patchwork (E1) Limited as a person with significant control on 7 July 2023
Confirmation statement made on 19 June 2024 with no updates
Registration of charge 126804570013, created on 24 January 2024
Satisfaction of charge 126804570008 in full
Satisfaction of charge 126804570007 in full
Registration of charge 126804570012, created on 17 July 2023
Confirmation statement made on 20 June 2023 with no updates
Registration of charge 126804570011, created on 3 May 2023
Registration of charge 126804570010, created on 25 October 2022
Confirmation statement made on 20 June 2022 with no updates
Change of details for Mr Sukhjit Bains as a person with significant control on 18 June 2020
Satisfaction of charge 126804570004 in full
Satisfaction of charge 126804570005 in full
Satisfaction of charge 126804570006 in full

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