Budget Trading Limited
06232987
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/05/2022
DIRECTOR
BRITISH · ENGLAND · Age 49
Also on 9 other boards
director · Since 12/05/2026
BRITISH · WALES · Age 63
Also on 12 other boards
Persons with Significant Control
Bgc Bidco Limited
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
CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)
BGC INVESTCO LIMITED (AS SECURITY TRUSTEE)
BARCLAYS BANK PLC
CompanyRankvs 7685+ SIC 64209 peers45
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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.
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
Balance Sheet
EstimatesDerived
| Year | Implied Profit |
|---|---|
| 2021 | +£0 |
| 2020 | +£0 |
Derived from filed accounts. Not audited figures.