Back to search

Edwards Bailey Limited

11466626

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

STORE 2 REGENCY HOUSE STATION ROAD, ROMFORD, RM3 0BP
Incorporated 16/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mr Billy David Edwards

director · Since 16/07/2018

ACCOUNTANT

BRITISH · ENGLAND · Age 35

Also on 2 other boards

Persons with Significant Control

Mr Billy David Edwards

50–75% shares
50–75% votes
Appoint directors

British · England · Age 35

Store 2 Regency House, Station Road, Romford, RM3 0BP

Notified 16/07/2018

Former PSCs

Mr William Lee Bailey

Ceased 23/11/2023

CompanyRankvs 4812+ SIC 69201 peers
77

Financial strength79th percentile among SIC peers · 20/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.57× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength20/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

£48k

Balance sheet strength

Cash

£68k

Cash in the bank

Net Current Assets

£70k

Working capital

Current Assets

£115k

Current Liabilities

£45k

Fixed Assets

£3k

Debtors

£47k

7avg. employees+2

Tax at Year End

Corp tax£20k

Director Loans(2019)

Directors owe company£1k

Balance Sheet

Assets less current liabilities£73k
Prepared with BTCSoftware AP Solution 2024 11.2.01

EstimatesDerived

YearCurrent RatioImplied Profit
20242.57-£24k
20232.67+£5k
20222.62+£18k
20213.50-£8k
20203.58+£23k
20193.32

Derived from filed accounts. Not audited figures.