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Banabay Limited

08319376

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

9 HIGH STREET, TELFORD, TF7 5AQ
Incorporated 05/12/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46310
Wholesale of fruit and vegetables

Officers

Mr Mark Michael O'Sullivan

director · Since 05/12/2012

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 7 other boards

Persons with Significant Control

Mr Mark Michael O'Sullivan

25–50% shares

British · England · Age 51

9, High Street, Telford, TF7 5AQ

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC AS SECURITY TRUSTEE

Created 06/05/2020Registered 13/05/2020
Charge
satisfied

SKIPTON BUSINESS FINANCE LIMITED

Created 30/07/2013Registered 15/08/2013Satisfied 01/12/2016

CompanyRankvs 1983+ SIC 46310 peers
32

Financial strength1th percentile among SIC peers · 0/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees11/15 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.

Longevity14/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2020

Net Worth

-£577k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£553k

Working capital

Current Assets

£299k

Current Liabilities

£852k

Fixed Assets

£14k

Debtors

£299k

4avg. employees

Director Loans(2019)

Company owes directors£25k

Balance Sheet

Assets less current liabilities-£538k
Signed by Mr Mark O'Sullivan 29/09/2021Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20200.35+£62k
20190.33+£3.4M
20180.13

Derived from filed accounts. Not audited figures.