Bayco Ltd
10532512
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
director · Since 19/12/2016
DIRECTOR
BRITISH · ENGLAND · Age 77
Also on 4 other boards
Persons with Significant Control
Mr Geoffrey Robert Bailey
British · England · Age 77
30, Old Market, Wisbech, PE13 1NB
Notified 01/04/2026
Former PSCs
Geoff Bailey Ltd
Ceased 11/06/2020
Bailey Engineering Limited
Ceased 24/08/2021
Mr Geoffrey Bailey
Ceased 01/04/2026
CompanyRankvs 274+ SIC 25500 peers36
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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
-£263k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£457k
Working capital
Current Assets
£46k
Current Liabilities
£503k
Fixed Assets
£221k
Debtors
£26k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.09 | -£42k |
| 2023 | 0.15 | — |
Derived from filed accounts. Not audited figures.