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Baldan Limited

01479375

active
Private Limited Company
england wales
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)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

18-19 JOCKEY'S FIELDS, LONDON, WC1R 4BW
Incorporated 15/02/1980

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 20/09/2025

Due 04/10/2026

On track

Industry

52241
Cargo handling for water transport activities
52290
Other transportation support activities

Officers

Mr Rashid Mounib Raad

director · Since 30/09/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 84

Also on 5 other boards

Mr Richard Rashid Raad

director · Since 24/02/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Also on 2 other boards

Persons with Significant Control

Mr Rashid Mounib Raad

75–100% shares

British · United Kingdom · Age 84

114 Old Brompton Road, London, SW7 3RA

Notified 06/04/2016

CompanyRankvs 50+ SIC 52241 peers
85

Financial strength98th percentile among SIC peers · 25/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.9× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 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.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 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

Turnover

£2.7M

Annual revenue

Net Worth

£3.2M

Balance sheet strength

Cash

£802k

Cash in the bank

Profit Before Tax

-£32k

Bottom line earnings

Net Current Assets

£687k

Working capital

Current Assets

£1.5M

Current Liabilities

£765k

Fixed Assets

£2.8M

Debtors

£650k

Cost of Sales

£2.4M

Gross Profit

£276k

Admin Expenses

£301k

Profit After Tax

-£103k

6avg. employees+1

Tax at Year End

Dividends paid-£33k

People Costs(2023)

Wages & salaries£179k
NI contributions£7k

Balance Sheet

Bank loans & overdrafts£8k
Assets less current liabilities£3.5M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.90-£136k
20231.78-£59k
20221.94+£13k
20212.03+£64k
20202.48+£79k
20192.36+£74k
20182.18

Derived from filed accounts. Not audited figures.