Bassra Machine Tools Limited
03403339
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/09/1997
ENGINEER
BRITISH · UNITED KINGDOM · Age 69
Also on 2 other boards
director · Since 01/07/2001
ENGINEER
BRITISH · ENGLAND · Age 63
Also on 1 other board
Persons with Significant Control
Mr Baljit Singh Bassral
British · England · Age 69
99 Spring Road, Birmingham, B11 3DJ
Notified 30/09/2016
Charges2 outstanding
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
CompanyRankvs 401+ SIC 28290 peers56
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£244k
Balance sheet strength
Cash
£16k
Cash in the bank
Net Current Assets
-£124k
Working capital
Current Assets
£863k
Current Liabilities
£988k
Fixed Assets
£368k
Debtors
£442k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.87 | +£29k |
| 2023 | 0.91 | -£88k |
| 2022 | 1.06 | +£94k |
| 2021 | 0.96 | +£23k |
| 2020 | 0.95 | +£6k |
| 2019 | 0.85 | -£36k |
| 2018 | 0.83 | — |
Derived from filed accounts. Not audited figures.