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Banjo Cycles Limited

05282653

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

299 ANDOVER ROAD, NEWBURY, RG14 6PS
Incorporated 10/11/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Officers

Mrs Jennie Letters

director · Since 19/11/2004

MORTGAGE SERVICES CONSULTANT

BRITISH · ENGLAND · Age 48

Mr Mark Anthony Letters

director · Since 19/11/2004

SALES EXECUTIVE

BRITISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Mrs Jennie Letters

25–50% shares

British · England · Age 48

299, Andover Road, Newbury, RG14 6PS

Notified 10/11/2016

Mr Mark Anthony Letters

25–50% shares

British · England · Age 51

299, Andover Road, Newbury, RG14 6PS

Notified 10/11/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 07/05/2014Registered 09/05/2014

CompanyRankvs 411+ SIC 47640 peers
73

Financial strength92th percentile among SIC peers · 23/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.59× · 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.

Employees14/15 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 30/11/2024

Net Worth

£164k

Balance sheet strength

Cash

£122k

Cash in the bank

Net Current Assets

£161k

Working capital

Current Assets

£433k

Current Liabilities

£272k

Fixed Assets

£11k

Debtors

£51k

5avg. employees

Balance Sheet

Assets less current liabilities£172k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.59+£93k
20231.25+£24k
20221.23+£9k
20211.16

Derived from filed accounts. Not audited figures.