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Budget Trading Limited

06232987

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

PRELUDE HOUSE, MANCHESTER, M40 2AY
Incorporated 01/05/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Michael James Bradbury

director · Since 18/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 9 other boards

Mr Andrew Nicholas Dodwell

director · Since 12/05/2026

BRITISH · WALES · Age 63

Also on 12 other boards

Persons with Significant Control

Bgc Bidco Limited

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

Unit 7, Lowry Park, Manchester, M40 2BF

Reg: 11838833 · Uk Companies Registry · Limited Company

Notified 05/03/2019

Former PSCs

Paul Declan Lavery

Ceased 05/03/2019

Mrs Attracta Mary Lavery

Ceased 05/03/2019

Charges2 outstanding

Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 05/03/2019Registered 08/03/2019
Charge
outstanding

BGC INVESTCO LIMITED (AS SECURITY TRUSTEE)

Created 05/03/2019Registered 06/03/2019
charge
satisfied

BARCLAYS BANK PLC

Created 31/08/2012Registered 07/09/2012Satisfied 08/03/2019

CompanyRankvs 7685+ SIC 64209 peers
45

Financial strength96th percentile among SIC peers · 24/25
Employees75th percentile among SIC peers · 11/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for at least a period up to and including 30 April 2024. Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant section

Key FinancialsYear ending 31/12/2021

Net Worth

£6.8M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£7.5M

Working capital

Current Assets

Current Liabilities

£7.5M

Fixed Assets

£14.3M

2avg. employees

Balance Sheet

Assets less current liabilities£6.8M
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearImplied Profit
2021+£0
2020+£0

Derived from filed accounts. Not audited figures.