Bags Junction Ltd
09848062
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/10/2024
micro entity
Next accounts due
31/07/2026
Confirmation statement
Last: 16/01/2026
Due 30/01/2027
Industry
Officers
director · Since 27/07/2023
COMPANY DIRECTOR
BANGLADESHI · ENGLAND · Age 35
Also on 1 other board
Persons with Significant Control
Mr Imran Ahmed
Bangladeshi · England · Age 35
147, Green Lane, Birmingham, B9 5BW
Notified 27/07/2023
Former PSCs
Mr Yaser Javed
Ceased 17/05/2019
Maria Yaser
Ceased 13/11/2020
Sanjida Mamtaz
Ceased 27/07/2023
CompanyRankvs 12482+ SIC 47190 peers43
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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 31/10/2024
Net Worth
-£24k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£24k
Working capital
Current Assets
£24k
Current Liabilities
£48k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.50 | +£5k |
Derived from filed accounts. Not audited figures.