Business Bay Ltd
09403377
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Wasay Ahmad Faruqui
Pakistani · England · Age 46
1 Chaffinch Close, Northampton, NN4 0QS
Notified 06/04/2016
Mrs Zainab Tauha Faruqui
Pakistani · England · Age 50
Marshall House, Suite 21, 124 Middleton Road, Morden, SM4 6RW
Notified 22/08/2017
CompanyRankvs 30885+ SIC 56103 peers34
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Net Worth
-£355k
Balance sheet strength
Cash
£1
Cash in the bank
Net Current Assets
-£445k
Working capital
Current Assets
£152k
Current Liabilities
£597k
Fixed Assets
£98k
Debtors
£152k
Profit After Tax
-£98k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.25 | -£565k |
| 2023 | 0.09 | +£0 |
| 2022 | 0.09 | +£77k |
| 2021 | 0.23 | +£0 |
| 2020 | 0.23 | -£77k |
| 2019 | 0.09 | +£0 |
| 2018 | 0.05 | — |
Derived from filed accounts. Not audited figures.