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Bagsy Finacc Solutions Limited

08718970

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

389 WISDEN ROAD, STEVENAGE, SG1 5JR
Incorporated 04/10/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
68209
Other letting and operating of own or leased real estate
69201
Accounting and auditing activities
69202
Bookkeeping activities

Officers

Mr Bhargava Raju Dommaraju

director · Since 04/10/2013

FINANCE AND ACCOUNTING SERVICES

BRITISH · ENGLAND · Age 40

Mrs Shasi Durga Mudragada

director · Since 18/05/2023

ADMINISTRATOR

INDIAN · ENGLAND · Age 40

Persons with Significant Control

Mr Bhargava Raju Dommaraju

75–100% shares

British · England · Age 40

389, Wisden Road, Stevenage, SG1 5JR

Notified 06/04/2016

CompanyRankvs 31104+ SIC 62020 peers
69

Financial strength57th percentile among SIC peers · 14/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.58× · 16/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 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.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£20k

Current Liabilities

£13k

2avg. employees-2

Balance Sheet

Assets less current liabilities£7k
Signed by 1.11.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20241.58-£3k
20232.82+£17k
20220.54+£0
20220.54-£12k
20211.22-£26k
20201.47-£8k
20193.77-£10k
20183.07

Derived from filed accounts. Not audited figures.