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Basanite Limited

10773697

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk

No risk factors detected.

Details

2 CUMBERLAND TERRACE, HOVE, BN3 7DR
Incorporated 16/05/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
79909
Other reservation service activities

Officers

Mr Wei Shao

director · Since 16/05/2017

BUSINESS MAN

CHINESE · ENGLAND · Age 53

Also on 2 other boards

Ms Qiong Zhang

director · Since 30/10/2017

COMPANY DIRECTOR

CHINESE · ENGLAND · Age 53

Also on 3 other boards

Persons with Significant Control

Mr Wei Shao

50–75% shares
50–75% votes
right-to-appoint-and-remove-directors-as-firm

Chinese · England · Age 53

2 Cumberland Terrace, Orchard Road, Hove, BN3 7DR

Notified 16/05/2017

Charges0 outstanding

Charge
satisfied

COUTTS & COMPANY

Created 26/08/2020Registered 27/08/2020Satisfied 30/01/2023
Charge
satisfied

BRIDGECO LIMITED T/A OCTOPUS PROPERTY

Created 06/07/2018Registered 11/07/2018Satisfied 04/12/2020

CompanyRankvs 52473+ SIC 68100 peers
52

Financial strength62th percentile among SIC peers · 16/25
Employees81th percentile among SIC peers · 12/15
LiquidityNo balance sheet data · 0/20
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 strength16/25 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.

Liquidity0/20 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 31/05/2025

Net Worth

£5k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£1.4M

Working capital

Current Assets

Current Liabilities

£1.4M

Fixed Assets

£1.4M

2avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
2025-£2
2024+£34k
2023+£15k
20220.02+£18k
20210.03-£12k
2020+£2k

Derived from filed accounts. Not audited figures.