Byn Solutions Limited
08000932
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/03/2012
SOFTWARE DEVELOPER
BRITISH · ENGLAND · Age 42
Also on 1 other board
Persons with Significant Control
Mr Baazi Abu
British · England · Age 42
Flat 17, Bridge Wharf, London, E2 9PR
Notified 06/04/2016
Mrs Mariam Abu
British · United Kingdom · Age 50
23, Maya Place, London, NW11 2EZ
Notified 01/04/2019
Former PSCs
Mrs Rahma Abu
Ceased 01/12/2017
CompanyRankvs 1436+ SIC 62011 peers63
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2024
Net Worth
£357k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£320k
Working capital
Current Assets
£233k
Current Liabilities
£552k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.42 | +£93k |
| 2023 | 0.50 | +£59k |
| 2022 | 0.62 | +£180k |
| 2021 | 1.08 | -£22k |
| 2020 | 1.79 | +£21k |
| 2019 | 1.15 | +£21k |
| 2018 | 0.27 | — |
Derived from filed accounts. Not audited figures.