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Bafa Services Ltd

11632516

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

6 DORCLYN AVENUE, MANCHESTER, M41 9BF
Incorporated 19/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Basem Abdulrazak

director · Since 19/10/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Faten Sabouni

director · Since 19/10/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Faten Sabouni

25–50% shares
25–50% votes

British · England · Age 49

6, Dorclyn Avenue, Manchester, M41 9BF

Notified 19/10/2018

Mr Basem Abdulrazak

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

British · England · Age 50

6, Dorclyn Avenue, Manchester, M41 9BF

Notified 19/10/2018

Charges2 outstanding

Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 26/02/2026Registered 11/03/2026
Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 26/02/2026Registered 05/03/2026

CompanyRankvs 32726+ SIC 41100 peers
45

Financial strength9th percentile among SIC peers · 2/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 4.56× · 20/20
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.

Employees10/15 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.

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 31/12/2024

Net Worth

-£45k

Balance sheet strength

Cash

£242k

Cash in the bank

Net Current Assets

£232k

Working capital

Current Assets

£297k

Current Liabilities

£65k

Fixed Assets

£1.6M

Debtors

£21k

2avg. employees

Balance Sheet

Assets less current liabilities£1.8M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20244.56+£2k
20236.29+£3k
20220.95-£44k
20210.98
20201.76
20190.99

Derived from filed accounts. Not audited figures.