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Bapp Industrial Supplies (West Midlands) Limited

10465148

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

UNIT 19, WEST BROMWICH, B70 7TW
Incorporated 07/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Gavin Barnes

director · Since 07/11/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Mr Dean Garth Cook

director · Since 07/11/2016

DIRECTOR

ENGLISH · ENGLAND · Age 63

Persons with Significant Control

Mr Dean Garth Cook

25–50% shares
25–50% votes

English · England · Age 63

Unit 19, Kelvin Way Industrial Estate, West Bromwich, B70 7TW

Notified 07/11/2016

Mr Gavin Barnes

25–50% shares
25–50% votes

British · United Kingdom · Age 50

Unit 19, Kelvin Way Industrial Estate, West Bromwich, B70 7TW

Notified 07/11/2016

Former PSCs

Mr Michael Elliot

Ceased 07/01/2020

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 15/02/2024Registered 16/02/2024
Charge
outstanding

HSBC BANK PLC

Created 20/06/2017Registered 22/06/2017
Charge
satisfied

HSBC BANK PLC

Created 20/06/2017Registered 22/06/2017Satisfied 24/02/2026
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 25/01/2017Registered 25/01/2017

CompanyRankvs 2322+ SIC 25990 peers
59

Financial strength81th percentile among SIC peers · 20/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.46× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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

£568k

Balance sheet strength

Cash

£945k

Cash in the bank

Net Current Assets

£495k

Working capital

Current Assets

£1.6M

Current Liabilities

£1.1M

Fixed Assets

£87k

Debtors

£565k

12avg. employees+2

Balance Sheet

Assets less current liabilities£582k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.46+£100k
20231.47

Derived from filed accounts. Not audited figures.