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Buspace Works Limited

11394315

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)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

2 LEMAN STREET, LONDON, E1W 9US
Incorporated 04/06/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Ryan James Todd

director · Since 04/06/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 22 other boards

Mr Warren Bradley Todd Ba

director · Since 04/06/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 138 other boards

Persons with Significant Control

Conlan Studios Limited

75–100% shares
75–100% votes
Appoint directors

2, Leman Street, London, E1W 9US

Reg: 11058037 · Companies House · Limited By Shares

Notified 04/06/2018

Charges4 outstanding

Charge
outstanding

INVESTEC BANK PLC

Created 12/01/2024Registered 16/01/2024
Charge
outstanding

INVESTEC BANK PLC

Created 27/01/2021Registered 01/02/2021
Charge
outstanding

INVESTEC BANK PLC

Created 15/10/2018Registered 17/10/2018
Charge
outstanding

INVESTEC BANK PLC

Created 15/10/2018Registered 17/10/2018

CompanyRankvs 357780+ SIC 41100 peers
46

Financial strength55th percentile among SIC peers · 14/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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35778Buspace Works Limited
52
How is this score calculated?
Financial strength14/25 pts

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

Employees13/15 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.

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 30/06/2024

Net Worth

£2k

Balance sheet strength

Cash

£109k

Cash in the bank

Net Current Assets

-£809k

Working capital

Current Assets

£2.8M

Current Liabilities

£3.6M

Fixed Assets

£0

Debtors

£2.7M

3avg. employees

Balance Sheet

Assets less current liabilities£12k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.78-£65k
20230.78—

Derived from filed accounts. Not audited figures.