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Baynes Technology Limited

08751228

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

LEVEL 5A MAPLE HOUSE, LONDON, W1T 7NF
Incorporated 28/10/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Simon Andrew Baynes

director · Since 28/10/2013

SOFTWARE ARQUITECT

BRITISH · UNITED KINGDOM · Age 48

Persons with Significant Control

Yvette Baynes

25–50% shares
25–50% votes

British · United Kingdom · Age 44

Level 5a, Maple House, London, W1T 7NF

Notified 06/04/2016

Mr Simon Andrew Baynes

25–50% shares
25–50% votes

British · United Kingdom · Age 48

Level 5a, Maple House, London, W1T 7NF

Notified 06/04/2016

CompanyRankvs 22436+ SIC 62012 peers
59

Financial strength57th percentile among SIC peers · 14/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.85× · 6/20
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.

Liquidity6/20 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

£2k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£33k

Current Liabilities

£39k

Fixed Assets

£37k

Debtors

£24k

2avg. employees

Tax at Year End

Corp tax£20k

Balance Sheet

Assets less current liabilities£32k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.85-£12k
20230.76-£50k
20221.50+£21k
20211.71+£27k
20201.19
20190.83
20180.86

Derived from filed accounts. Not audited figures.