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Bak Accounting Ltd

10558716

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

THE YARD SARAH GATE LANE, SPALDING, PE11 4QE
Incorporated 11/01/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mr Bruce Murray Alexander

director · Since 11/01/2017

CHARTERED MANAGEMENT ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 71

Also on 10 other boards

Mrs Katherine Ann Rimington

director · Since 11/01/2017

DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Bruce Murray Alexander

25–50% shares
25–50% votes

British · United Kingdom · Age 71

The Yard, Sarah Gate Lane, Spalding, PE11 4QE

Notified 11/01/2017

Mrs Katherine Ann Rimington

25–50% shares
25–50% votes

British · England · Age 40

The Yard, Sarah Gate Lane, Spalding, PE11 4QE

Notified 01/01/2023

CompanyRankvs 26096+ SIC 69201 peers
44

Financial strength11th percentile among SIC peers · 3/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees11/15 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.

Longevity9/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 10/01/2025

Net Worth

-£475

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£475

Working capital

Current Assets

£13k

Current Liabilities

£14k

3avg. employees+1

Balance Sheet

Assets less current liabilities-£475
Signed by 11.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.97
20240.71-£2k
20230.77-£11k
20221.67-£1k
20211.70-£2k
20201.77-£4k
20191.61

Derived from filed accounts. Not audited figures.