Southside Business District Limited
07508452
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
small
Next accounts due
31/12/2026
Confirmation statement
Last: 13/12/2025
Due 27/12/2026
Industry
Officers
secretary · Since 08/07/2025
Former
secretary · Resigned 03/05/2011
director · Resigned 28/10/2011
director · Resigned 29/06/2012
director · Resigned 13/11/2012
director · Resigned 12/11/2013
director · Resigned 24/04/2014
director · Resigned 16/09/2014
director · Resigned 19/05/2015
director · Resigned 15/06/2015
director · Resigned 09/06/2016
director · Resigned 16/05/2017
secretary · Resigned 18/05/2017
director · Resigned 30/11/2017
director · Resigned 05/02/2018
director · Resigned 18/07/2018
director · Resigned 13/09/2018
director · Resigned 15/10/2018
director · Resigned 15/03/2019
director · Resigned 21/03/2019
director · Resigned 14/05/2019
director · Resigned 19/11/2019
director · Resigned 31/03/2020
director · Resigned 01/06/2020
secretary · Resigned 06/08/2020
director · Resigned 11/01/2022
director · Resigned 11/01/2022
director · Resigned 31/03/2022
director · Resigned 15/07/2022
director · Resigned 15/07/2022
director · Resigned 09/03/2023
director · Resigned 25/05/2023
director · Resigned 22/02/2024
director · Resigned 08/02/2025
director · Resigned 14/02/2025
secretary · Resigned 16/08/2025
director · Resigned 11/11/2025
Change History
Active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
SOUTHSIDE BUILDING
BIRMINGHAM
CompanyRankvs 106+ SIC 94110 peers74
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
is unsuccessful, the company’s operations will cease on 31 March 2026. These circumstances represent a material uncertainty that may cast significant doubt on the company’s ability to continue as a going concern. Nevertheless, the directors consider it appropriate to prepare the financial statements on a going concern basis because funding is in place until March 2026 and, based on engagement wi
Key FinancialsYear ending 31/03/2025
Net Worth
£77k
Balance sheet strength
Cash
£91k
Cash in the bank
Net Current Assets
£77k
Working capital
Current Assets
£118k
Current Liabilities
£41k
Debtors
£27k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.90 | -£113k |
| 2024 | 7.80 | -£16k |
| 2023 | 6.91 | -£21k |
| 2022 | 31.97 | -£34k |
| 2021 | 20.31 | — |
Derived from filed accounts. Not audited figures.