Baggage Factory Limited
06758703
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/02/2013
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 18 other boards
Persons with Significant Control
Mr Mohammad Asif Rashid Mirza
British · England · Age 50
Thames House, Unit 3 Longreach Road, Barking, IG11 0JR
Notified 06/04/2016
CompanyRankvs 4364+ SIC 46180 peers43
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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 31/01/2025
Net Worth
-£198k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£334k
Working capital
Current Assets
£1.4M
Current Liabilities
£1.7M
Fixed Assets
£208k
Debtors
£223k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.81 | +£200k |
| 2024 | 0.70 | +£254k |
| 2023 | 0.65 | +£191k |
| 2022 | 0.44 | -£325k |
| 2021 | 0.48 | -£307k |
| 2020 | 0.74 | -£13k |
| 2019 | 0.72 | — |
Derived from filed accounts. Not audited figures.