Business Launch Limited
04574497
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/10/2002
DIRECTOR
BRITISH · UNITED KINGDOM · Age 69
Also on 2 other boards
secretary · Since 01/12/2022
Persons with Significant Control
Mr Michael O'Shea
British · United Kingdom · Age 69
15, Chiswick Avenue, Bury St. Edmunds, IP28 7AY
Notified 28/10/2016
CompanyRankvs 121+ SIC 47910 peers90
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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 31/12/2024
Net Worth
£2.9M
Balance sheet strength
Cash
£2.1M
Cash in the bank
Net Current Assets
£2.9M
Working capital
Current Assets
£4.1M
Current Liabilities
£1.2M
Fixed Assets
£24k
Debtors
£368k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.41 | +£149k |
| 2023 | 3.69 | +£69k |
| 2022 | 3.32 | -£9k |
| 2021 | 3.40 | +£753k |
| 2020 | 2.56 | +£1.3M |
| 2019 | 1.63 | -£144k |
| 2018 | 1.88 | — |
Derived from filed accounts. Not audited figures.