Brac Europe
05802246
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/05/2021
CHARITY DIRECTOR
BRITISH · ENGLAND · Age 71
Also on 3 other boards
director · Since 09/08/2021
DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 4 other boards
director · Since 12/12/2023
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 54
CompanyRankvs 23150+ SIC 88990 peers75
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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 31/12/2018
Net Worth
£1.2M
Balance sheet strength
Cash
£1.2M
Cash in the bank
Net Current Assets
£1.2M
Working capital
Current Assets
£1.4M
Current Liabilities
£190k
Fixed Assets
£5k
Debtors
£211k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2018 | 7.37 |
Derived from filed accounts. Not audited figures.