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Barns Initiative Limited

11197516

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

STAR HOUSE 95, BENFLEET, SS7 5LN
Incorporated 09/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Amish Patel

director · Since 09/02/2018

SOLICITOR

BRITISH · ENGLAND · Age 34

Mr Bhavesh Patel

director · Since 09/02/2018

IT CONSULTANT

BRITISH · ENGLAND · Age 36

Also on 1 other board

Miss Rital Indubhai Patel

director · Since 09/02/2018

SALESMAN

BRITISH · ENGLAND · Age 45

Also on 4 other boards

Dr Nehal Patel

director · Since 22/06/2018

DENTIST

BRITISH · ENGLAND · Age 37

Charges1 outstanding

Charge
outstanding

ONESAVINGS BANK PLC

Created 14/12/2018Registered 14/12/2018

CompanyRankvs 163006+ SIC 68209 peers
32

Financial strength6th percentile among SIC peers · 2/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees15/15 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.

Longevity8/15 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 31/03/2025

Net Worth

-£46k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£62k

Working capital

Current Assets

£850

Current Liabilities

£63k

Fixed Assets

£134k

4avg. employees+4

Balance Sheet

Assets less current liabilities£72k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£2k
20240.03-£16k
20230.03-£44k
20220.03+£31k
20210.01-£5k
20200.01-£865
20190.00

Derived from filed accounts. Not audited figures.