Businet Limited
09880677
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/11/2015
OPERATIONS AND FINANCIAL MANAGER
BRITISH · ENGLAND · Age 40
Also on 1 other board
Persons with Significant Control
Mr Nishad Melveettil
British · England · Age 40
Atc Root Millers Superstore, Unit 1 & 3 Herbert Avenue, Leicester, LE4 5DW
Notified 06/04/2016
Former PSCs
Mr Safeer Nambikandi
Ceased 04/06/2020
CompanyRankvs 35473+ SIC 68100 peers63
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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 30/11/2024
Net Worth
£128k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£68
Working capital
Current Assets
£732
Current Liabilities
£800
Fixed Assets
£386k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.92 | -£327 |
| 2023 | 0.98 | -£4k |
| 2022 | 1.33 | -£3k |
| 2021 | 10.14 | -£6k |
| 2020 | 0.67 | +£3k |
| 2019 | 1.25 | +£222 |
| 2018 | 17.38 | — |
Derived from filed accounts. Not audited figures.