Back to search

Baketime Limited

07300779

active
Private Limited Company
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

UNIT 1 IMPERIAL FOOD PARK IMPERIAL AVENUE, MIDDLESBROUGH, TS6 6BA
Incorporated 01/07/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10720
Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes

Officers

Naushad Mahomed Ismail Abdoola

director · Since 22/09/2010

DIRECTOR

BRITISH · SOUTH AFRICA · Age 66

Also on 1 other board

Dr Dissanayake Hitihamu

director · Since 15/02/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 82

Also on 15 other boards

Mr Mohamed Asif Abdoola

director · Since 15/10/2020

COMPANY DIRECTOR

SOUTH AFRICAN · SOUTH AFRICA · Age 41

Also on 1 other board

Mr Mohamed Zain Ismail Abdoola

director · Since 03/03/2022

COMPANY DIRECTOR

SOUTH AFRICAN · SOUTH AFRICA · Age 39

Also on 2 other boards

Persons with Significant Control

Lmc Baketime Holdings Limited

75–100% shares

Unit 1, Imperial Avenue, Middlesbrough, TS6 6BA

Reg: 7942828 · England · Limited Liabilty

Notified 17/07/2016

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 27/03/2017Registered 01/04/2017
Charge
satisfied

CLOSE BROTHERS LIMITED (THE "SECURITY TRUSTEE")

Created 30/04/2014Registered 06/05/2014Satisfied 01/06/2016
charge
outstanding

THE LION MATCH COMPANY (PTY) LIMITED

Created 22/09/2010Registered 11/10/2010
charge
outstanding

THE LION MATCH COMPANY (PTY) LIMITED

Created 22/09/2010Registered 11/10/2010

CompanyRankvs 229+ SIC 10720 peers
24

Financial strength0th percentile among SIC peers · 0/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength0/25 pts

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

Employees12/15 pts

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

Liquidity2/20 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

that case whilst reducing the requirement for such funding. Accordingly, the directors acknowledge that the above may indicate a material uncertainty over the company's ability to continue as a going concern. However, at the time of signing these accounts they are satisfied that they have taken all possible steps to protect the company, and that sufficient resources will be available to enab

Key FinancialsYear ending 30/09/2024

Net Worth

-£10.6M

Balance sheet strength

Cash

£187

Cash in the bank

Net Current Assets

-£1.4M

Working capital

Current Assets

£1.2M

Current Liabilities

£2.6M

Fixed Assets

£14k

Debtors

£1.2M

4avg. employees-40

Balance Sheet

Assets less current liabilities-£1.4M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.48+£751k
20230.42-£1.1M
20220.41-£1.1M
20210.42-£392k
20200.38-£552k
20190.42-£113k
20180.47

Derived from filed accounts. Not audited figures.