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7 Bays Properties Ltd

10947435

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 4 outstanding charges (-8)

Details

ELITE FINANCIAL ACCOUNTING 184, BRISTOL, BS9 4NE
Incorporated 05/09/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68209
Other letting and operating of own or leased real estate

Officers

Mr Adam Robert Lock

director · Since 05/09/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Mrs Sally Anne Lock

director · Since 05/09/2017

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 51

Mr Adam Lock

secretary · Since 27/01/2022

Persons with Significant Control

Mr Adam Robert Lock

50–75% shares

British · England · Age 48

Elite Financial Accounting, 184, Bristol, BS9 4NE

Notified 10/10/2022

Charges4 outstanding

Charge
outstanding

HAMPSHIRE TRUST BANK PLC

Created 29/11/2024Registered 16/12/2024
Charge
outstanding

PARAGON BANK PLC

Created 08/11/2024Registered 13/11/2024
Charge
outstanding

CHARTERBANK CAPITAL LIMITED

Created 12/07/2023Registered 14/07/2023
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 04/11/2022Registered 08/11/2022

CompanyRankvs 60705+ SIC 41100 peers
27

Financial strength5th percentile among SIC peers · 1/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.18× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees10/15 pts

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

Liquidity2/20 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.

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 30/09/2024

Net Worth

-£122k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£656

Current Liabilities

£4k

Fixed Assets

£553k

2avg. employees+1

Balance Sheet

Assets less current liabilities£550k
Signed by Company Registration No. 10947435Prepared with Comdal Limited - EasyDigitalFiling.com

EstimatesDerived

YearCurrent RatioImplied Profit
20240.18-£81k
20232.11
2022NaN

Derived from filed accounts. Not audited figures.