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Bay Properties Limited

09919082

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

88 LOCKO ROAD, DERBY, DE21 7AQ
Incorporated 16/12/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Miss Jill Cornforth

director · Since 16/12/2015

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Persons with Significant Control

Miss Jill Cornforth

75–100% shares

British · England · Age 48

88, Locko Road, Derby, DE21 7AQ

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 19/12/2025Registered 19/12/2025
Charge
satisfied

STATE BANK OF INDIA (UK) LIMITED

Created 27/11/2020Registered 27/11/2020Satisfied 19/12/2025
Charge
outstanding

PARAGON BANK PLC

Created 28/08/2018Registered 30/08/2018

CompanyRankvs 118481+ SIC 68209 peers
44

Financial strength76th percentile among SIC peers · 19/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees3/15 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.

Longevity11/15 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

£76k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£3k

Current Liabilities

£5k

Fixed Assets

£924k

0avg. employees

Balance Sheet

Assets less current liabilities£922k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.65+£20k
20232.53+£21k
20225.32+£10k
20211.69+£7k
202042.09+£8k
2019116.99+£5k
201882.91

Derived from filed accounts. Not audited figures.