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Bay Europe Limited

04209649

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

C/O TORDOFF & CO ACCOUNTANTS, WAKEFIELD, WF2 8FJ
Incorporated 02/05/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47599
Retail sale of furniture, lighting equipment and other household articles

Officers

Mrs Kuldip Wilkhu

director · Since 03/05/2001

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 13 other boards

Mr Robinder Singh Wilkhu

secretary · Since 31/12/2001

BRITISH · ENGLAND · Age 65

Also on 25 other boards

Mr Robinder Singh Wilkhu

director · Since 31/12/2001

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 25 other boards

Persons with Significant Control

Mr Robinder Singh Wilkhu

25–50% shares
25–50% votes
Appoint directors

British · England · Age 65

C/O Tordoff & Co Accountants, 11 Thornesgate Mews, Wakefield, WF2 8FJ

Notified 01/05/2017

Mrs Kuldip Wilkhu

25–50% shares
25–50% votes
Appoint directors

British · England · Age 63

C/O Tordoff & Co Accountants, 11 Thornesgate Mews, Wakefield, WF2 8FJ

Notified 01/05/2017

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 28/04/2003Registered 29/04/2003Satisfied 13/06/2019

CompanyRankvs 4721+ SIC 47599 peers
45

Financial strength5th percentile among SIC peers · 1/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.6× · 6/20
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 strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/05/2025

Net Worth

-£80k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£87k

Working capital

Current Assets

£131k

Current Liabilities

£217k

Fixed Assets

£6k

2avg. employees

Balance Sheet

Assets less current liabilities-£80k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.60+£0
20240.60+£0
20230.60+£0
20220.62+£131k
20210.04+£0
20200.04+£0
20190.04-£131k
20180.62

Derived from filed accounts. Not audited figures.