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Bannits Limited

05232440

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

46 JAMES STREET, OXFORD, OX4 1ET
Incorporated 15/09/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

94990
Activities of other membership organisations

Officers

Mr Oliver Henry Cohen

director · Since 15/09/2004

COMPANY DIRECTOR

BRITISH · WALES · Age 50

Also on 10 other boards

Persons with Significant Control

Mr Oliver Henry Cohen

75–100% shares
75–100% votes
Appoint directors
Significant control

British · Wales · Age 50

46, James Street, Oxford, OX4 1ET

Notified 07/04/2016

Charges2 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 26/01/2007Registered 02/02/2007
charge
outstanding

LLOYDS TSB BANK PLC

Created 01/08/2005Registered 12/08/2005

CompanyRankvs 5342+ SIC 94990 peers
32

Financial strength2th percentile among SIC peers · 1/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.39× · 2/20
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 strength1/25 pts

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

Employees9/15 pts

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

Liquidity2/20 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

-£1.3M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£1.3M

Working capital

Current Assets

£824k

Current Liabilities

£2.1M

1avg. employees+2
Prepared with v2025.83.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20250.39+£137k
20240.43+£78k
20230.32+£80k
20220.26+£90k
20210.32+£38k
20200.30-£32k
20190.18

Derived from filed accounts. Not audited figures.