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Bay Accountants Ltd

05029797

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

SOHO HOUSE 362 - 364 SOHO ROAD, BIRMINGHAM, B21 9QL
Incorporated 29/01/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mohammed Yaseen Ba (Hons)

secretary · Since 29/01/2004

BRITISH

Mr Abdul Samad

director · Since 12/11/2010

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 52

Persons with Significant Control

Mr Abdul Samad

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 52

Soho House, 362 - 364 Soho Road, Birmingham, B21 9QL

Notified 06/04/2016

Mr Mohammed Yaseen

25–50% shares
25–50% votes

British · England · Age 53

Soho House, 362 - 364 Soho Road, Birmingham, B21 9QL

Notified 10/01/2017

Charges2 outstanding

Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 05/11/2014Registered 18/11/2014
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 14/05/2014Registered 16/05/2014

CompanyRankvs 2559+ SIC 69201 peers
74

Financial strength92th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.57× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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.

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 31/03/2025

Net Worth

£184k

Balance sheet strength

Cash

£96k

Cash in the bank

Net Current Assets

£81k

Working capital

Current Assets

£222k

Current Liabilities

£141k

Fixed Assets

£316k

Debtors

£126k

16avg. employees+2

Balance Sheet

Bank loans & overdrafts£88k
Assets less current liabilities£397k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.57-£11k
20241.84-£19k
20231.85+£29k
20222.03+£34k
20211.91+£76k
20201.20-£4k
20191.16

Derived from filed accounts. Not audited figures.