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Back To Basics Ltd

05504769

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 2 WYRE STREET, BURNLEY, BB12 8DF
Incorporated 11/07/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46470
Wholesale of furniture, carpets and lighting equipment

Officers

Mr Stephen Mark Ward

secretary · Since 14/02/2007

DIRECTOR

UNITED KINGDOM · UNITED KINGDOM · Age 56

Also on 5 other boards

Mrs Judith Dianne Ward

director · Since 14/02/2007

DIRECTOR

ENGLISH · ENGLAND · Age 60

Also on 2 other boards

Mr Stephen Mark Ward

director · Since 08/03/2011

DIRECTOR

UNITED KINGDOM · UNITED KINGDOM · Age 56

Also on 5 other boards

Persons with Significant Control

Mrs Judith Dianne Ward

25–50% shares

British · United Kingdom · Age 60

The Old Smithy, Main Street, Gisburn, BB7 4HD

Notified 06/04/2016

Mr Stephen Ward

25–50% shares

British · United Kingdom · Age 56

The Old Smithy, Main Street, Gisburn, BB7 4HD

Notified 06/04/2016

CompanyRankvs 71+ SIC 46470 peers
85

Financial strength84th percentile among SIC peers · 21/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.69× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1F.M. Birch Limited
90
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90
3Nutland Carpet Accessories Limited
90
4Firstlight Products Limited
90
5Delta Carpets Ltd.
90
6Pacific Lifestyle Limited
90
7Valley Wholesale Carpets Limited
90
8Libra Scale Company Limited
90
9Julian Bowen Limited
90
10Bentley Designs (Uk) Limited
90
71Back To Basics Ltd
85
How is this score calculated?
Financial strength21/25 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.

Liquidity20/20 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 31/12/2024

Net Worth

£122k

Balance sheet strength

Cash

£55k

Cash in the bank

Net Current Assets

£98k

Working capital

Current Assets

£156k

Current Liabilities

£58k

Fixed Assets

£31k

Debtors

£50k

7avg. employees

Balance Sheet

Assets less current liabilities£130k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.69-£53k
20233.29+£68k
20211.62—

Derived from filed accounts. Not audited figures.