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Baraz Financial Services Limited

09142480

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

HEADLANDS HOUSE 1 KINGS COURT, KETTERING, NN15 6WJ
Incorporated 22/07/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Mrs Sania Ali

secretary · Since 22/07/2014

Also on 1 other board

Mr Assad Ali

director · Since 22/07/2014

FINANCIAL ADVISER

BRITISH · ENGLAND · Age 46

Also on 1 other board

Mrs Sania Ali

director · Since 22/07/2014

BANK ADVISER

PAKISTANI · UNITED KINGDOM · Age 37

Also on 1 other board

Persons with Significant Control

Assad Ali

25–50% shares
25–50% votes

British · United Kingdom · Age 46

Headlands House 1 Kings Court, Kettering Parkway, Kettering, NN15 6WJ

Notified 06/04/2016

Mrs Sania Ali

25–50% shares
25–50% votes

Pakistani · United Kingdom · Age 37

Headlands House 1 Kings Court, Kettering Parkway, Kettering, NN15 6WJ

Notified 18/03/2024

Former PSCs

Sania Taifur

Ceased 22/07/2022

CompanyRankvs 2649+ SIC 66220 peers
63

Financial strength88th percentile among SIC peers · 22/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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2649Baraz Financial Services Limited
58
How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 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.

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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£282k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£19k

Current Liabilities

£32k

Fixed Assets

£326k

Debtors

£12k

2avg. employees-1

Tax at Year End

Corp tax£21k

Balance Sheet

Assets less current liabilities£313k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.60+£1k
20239.01+£5k
202210.80+£17k
20216.27—

Derived from filed accounts. Not audited figures.