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Bulfix Ltd

05951626

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

5 KNIGHTS WAY, BRENTWOOD, CM13 2AR
Incorporated 29/09/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Dimitar Balabanov

secretary · Since 29/09/2006

BULGARIAN · Age 48

Also on 1 other board

Dimitar Balabanov

director · Since 29/09/2006

SUBCONTRACTOR

BULGARIAN · ENGLAND · Age 48

Also on 1 other board

Persons with Significant Control

Mr Dimitar Balabanov

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

Bulgarian · England · Age 48

5, Knights Way, Brentwood, CM13 2AR

Notified 29/09/2016

Former PSCs

Mr Rosen Lyubenov Georgiev

Ceased 01/10/2024

CompanyRankvs 28249+ SIC 43390 peers
46

Financial strength5th percentile among SIC peers · 1/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.53× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Liquidity6/20 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 30/09/2025

Net Worth

-£32k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£33k

Working capital

Current Assets

£37k

Current Liabilities

£70k

Fixed Assets

£1k

Debtors

£35k

2avg. employees

Tax at Year End(2024)

Corp tax£390

Director Loans(2024)

Company owes directors£18k

Balance Sheet

Assets less current liabilities-£32k
Signed by Mr D K Balabanov 7th May 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.53-£15k
20240.82-£34k
20231.42+£981
20221.56+£2k
20212.91-£5k
20202.71
20191.30
20181.14

Derived from filed accounts. Not audited figures.