Bay Freight Limited
01506710
Healthy
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Allan Blakeley
director · Since 01/02/2026
British
Graham John Cox
director · Since 07/04/2025
British
Gareth Jenkins
director · Since 21/12/2024
British
Benjamin James Warrillow
director · Since 21/12/2024
British
Former
Susan Joyce Bailey
secretary · Resigned 23/12/2011
Daniel Ernest Bailey
director · Resigned 01/10/2021
Daniel Ernest Bailey
director · Resigned 23/12/2011
Ernest Bailey
director · Resigned 23/12/2011
Graham Robert Bailey
director · Resigned 19/10/2006
Susan Joyce Bailey
director · Resigned 23/12/2011
Peter Richard Fields
director · Resigned 21/12/2024
Barry John Germany
director · Resigned 10/12/2025
Harry Charles Moore
director · Resigned 15/02/1999
Graham Richard Norfolk
director · Resigned 21/12/2024
CompanyRankvs 17890+ SIC 49410 peers72
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£8.6M
Annual revenue
Net Worth
£1.4M
Balance sheet strength
Cash
£56k
Cash in the bank
Profit Before Tax
-£203k
Bottom line earnings
Net Current Assets
£1.0M
Working capital
Current Assets
£3.6M
Current Liabilities
£2.5M
Fixed Assets
£396k
Debtors
£3.4M
Cost of Sales
£7.3M
Gross Profit
£1.3M
Admin Expenses
£1.4M
Operating Profit
-£142k
Profit After Tax
-£201k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.40 | -£201k |
| 2023 | 1.44 | — |
Derived from filed accounts. Not audited figures.