Bay Express Limited
04207898
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 14/07/2017
Persons with Significant Control
Mr Howard Graham Richards
British · United Kingdom · Age 40
Eaton House, Leominster, HR6 0NA
Notified 30/04/2020
Former PSCs
Mr Mark Edward Richards
Ceased 30/04/2020
CompanyRankvs 24344+ SIC 69201 peers43
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2025
Net Worth
-£5k
Balance sheet strength
Cash
£297
Cash in the bank
Net Current Assets
-£5k
Working capital
Current Assets
£482
Current Liabilities
£6k
Debtors
£185
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.08 | -£486 |
| 2024 | 0.20 | -£2k |
| 2023 | 0.36 | -£2k |
| 2022 | 0.68 | — |
| 2021 | 1.08 | — |
| 2020 | 0.59 | — |
| 2019 | 0.56 | — |
| 2018 | 0.96 | — |
Derived from filed accounts. Not audited figures.