Buse Gases Limited
07704088
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/07/2022
MANAGING DIRECTOR
GREEK · GREECE · Age 46
Also on 3 other boards
Persons with Significant Control
Mr Horst Buse
German · Germany · Age 62
Johnsons, Bridge Road, West Bromwich, B71 1DG
Notified 01/01/2025
Former PSCs
Mr Horst Buse
Ceased 01/01/2025
Mrs Patricia Buse-Ruppert
Ceased 01/01/2019
Charges2 outstanding
HSBC BANK PLC
HSBC BANK PLC
CompanyRankvs 14344+ SIC 96090 peers51
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going concern are de
Key FinancialsYear ending 31/12/2025
Net Worth
£367k
Balance sheet strength
Cash
£829k
Cash in the bank
Profit Before Tax
-£5.5M
Bottom line earnings
Net Current Assets
-£34.3M
Working capital
Current Assets
£10.8M
Current Liabilities
£45.1M
Fixed Assets
£43.6M
Debtors
£6.1M
Admin Expenses
£11.0M
Profit After Tax
-£7.1M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.24 | -£7.1M |
| 2024 | 0.42 | +£1.2M |
| 2023 | 0.24 | — |
Derived from filed accounts. Not audited figures.