Barings Limited
07072321
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 5 outstanding charges (-10)
Details
Compliance
Last accounts
30/03/2024
full
Next accounts due
27/06/2026
Confirmation statement
Last: 14/07/2026
Due 28/07/2027
Industry
Officers
Persons with Significant Control
Mr Robert Lee Whitehead
British · England · Age 56
Cardinal House, 20 St. Marys Parsonage, Manchester, M3 2LY
Notified 14/07/2025
Former PSCs
Mr Craig Michael Cooper
Ceased 14/07/2025
Charges5 outstanding
NERA CAPITAL LIMITED
CLAIM FINANCE & ADMINISTRATION CO LIMITED
CLAIM FINANCE & ADMINISTRATION CO LIMITED
CLAIM FINANCE & ADMINISTRATION CO LIMITED
CLAIM FINANCE & ADMINISTRATION CO LIMITED
VFS LEGAL LIMITED (CRN: 07700234)
CompanyRankvs 2848+ SIC 69102 peers45
Show leaderboard
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
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to Note 1.2 in the financial statements, which indicates that the company incurred a net loss during the period ended 29th March 2025 and, as of that date, the company's current l
Key FinancialsYear ending 29/03/2025
Net Worth
-£46.3M
Balance sheet strength
Cash
£95k
Cash in the bank
Profit Before Tax
-£22.8M
Bottom line earnings
Net Current Assets
£45.6M
Working capital
Current Assets
£47.0M
Current Liabilities
£1.4M
Fixed Assets
£29k
Debtors
£46.9M
Cost of Sales
£15.0M
Admin Expenses
£8.6M
Profit After Tax
-£22.8M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 33.89 | -£22.3M |
| 2024 | 47.38 | — |
Derived from filed accounts. Not audited figures.