Bay Logistics Limited
06874033
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/06/2016
SECRETARY
BRITISH · ENGLAND · Age 67
Also on 1 other board
director · Since 02/06/2016
HGV DRIVER
BRITISH · ENGLAND · Age 69
Also on 1 other board
director · Since 02/06/2025
HAULAGE CONTRACTOR
BRITISH · ENGLAND · Age 37
Also on 1 other board
Persons with Significant Control
Former PSCs
Mr Steven Edward Hamblett
Ceased 05/04/2024
Mr Jason Francis Hamblett
Ceased 05/04/2024
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 6694+ SIC 49410 peers62
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2026
Net Worth
£59k
Balance sheet strength
Cash
£115
Cash in the bank
Net Current Assets
-£1k
Working capital
Current Assets
£198k
Current Liabilities
£199k
Fixed Assets
£307k
Debtors
£198k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 0.99 | +£24k |
| 2025 | 0.66 | — |
Derived from filed accounts. Not audited figures.