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Bornfree Investments Limited

09080594

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

10 CHEYNE WALK, NORTHAMPTON, NN1 5PT
Incorporated 11/06/2014

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 18/07/2025

Due 01/08/2026

On track

Industry

10710
Manufacture of bread; manufacture of fresh pastry goods and cakes

Officers

Mr David Albert Rixon

director · Since 01/07/2015

DIRECTOR

BRITISH · ENGLAND · Age 76

Also on 15 other boards

Persons with Significant Control

Mr David Albert Rixon

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

British · England · Age 76

10, Cheyne Walk, Northampton, NN1 5PT

Notified 01/07/2016

Charges1 outstanding

Charge
outstanding

SME INVOICE FINANCE LIMITED

Created 23/11/2016Registered 02/12/2016

CompanyRankvs 1257+ SIC 10710 peers
42

Financial strength1th percentile among SIC peers · 0/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 65.71× · 20/20
Longevity12 years trading (max 15) · 12/15
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.

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

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

Longevity12/15 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 31/12/2024

Net Worth

-£518k

Balance sheet strength

Cash

£139k

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£1.8M

Current Liabilities

£27k

Fixed Assets

£103k

Debtors

£1.6M

1avg. employees

Balance Sheet

Assets less current liabilities£1.9M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
202465.71+£210k
202364.00-£10k
202145.61+£19k
202089.82+£77k
2019124.87-£312k
2018130.73

Derived from filed accounts. Not audited figures.