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Basp Properties Limited

05884084

active
Private Limited Company
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

113 RUGELEY ROAD, STAFFS, WS7 9BW
Incorporated 21/07/2006

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 21/07/2025

Due 04/08/2026

On track

Industry

41201
Construction of commercial buildings

Officers

Mrs Sarah Jayne Mccormick

secretary · Since 21/07/2006

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 7 other boards

Mr Peter Mccormick

director · Since 21/07/2006

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mrs Sarah Jayne Mccormick

director · Since 21/07/2006

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 7 other boards

Persons with Significant Control

Mr Peter Mccormick

75–100% shares
75–100% votes

British · England · Age 56

113, Rugeley Road, Burntwood, WS7 9BW

Notified 21/07/2016

Charges4 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 05/02/2010Registered 10/02/2010
charge
satisfied

LLOYDS TSB BANK PLC

Created 14/03/2008Registered 22/03/2008Satisfied 26/05/2020
charge
satisfied

LLOYDS TSB BANK PLC

Created 03/12/2007Registered 05/12/2007Satisfied 26/05/2020
charge
outstanding

LLOYDS TSB BANK PLC

Created 23/02/2007Registered 28/02/2007
charge
outstanding

LLOYDS TSB BANK PLC

Created 08/12/2006Registered 19/12/2006
charge
outstanding

LLOYDS TSB BANK PLC

Created 09/11/2006Registered 11/11/2006

CompanyRankvs 3799+ SIC 41201 peers
62

Financial strength89th percentile among SIC peers · 22/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 4.28× · 20/20
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 strength22/25 pts

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

Employees0/15 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.

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 31/07/2025

Net Worth

£285k

Balance sheet strength

Cash

£242k

Cash in the bank

Net Current Assets

£302k

Working capital

Current Assets

£394k

Current Liabilities

£92k

Fixed Assets

£182

Tax at Year End(2024)

Corp tax£696

Director Loans(2024)

Company owes directors£65k

Balance Sheet

Assets less current liabilities£302k
Signed by Mr P McCormick 16 April 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.28+£80k
20244.31+£3k
20234.25+£6k
20223.87+£93k
20211.38

Derived from filed accounts. Not audited figures.