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Bidco 8787 Limited

11899733

active
Private Limited Company
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

UNIT 3 CAXTON CLOSE, DAVENTRY, NN11 8RT
Incorporated 22/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Neil Anthony Brawn

director · Since 31/07/2019

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 9 other boards

Mr Ian David Strickley

director · Since 31/07/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

Mrs Victoria Louise Quinn-Campbell

director · Since 15/09/2022

SALES & MARKETING DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Persons with Significant Control

Midco 8787 2 Limited

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

Unit 3, Caxton Close, Daventry, NN11 8RT

Reg: 11899683 · Companies House · Limited By Shares

Notified 22/03/2019

Charges3 outstanding

Charge
outstanding

CLYDESDALE BANK PLC

Created 19/08/2021Registered 24/08/2021
Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 31/10/2019Registered 08/11/2019
Charge
outstanding

CLYDESDALE BANK PLC

Created 31/10/2019Registered 08/11/2019

CompanyRankvs 13586+ SIC 70100 peers
18

Financial strength0th percentile among SIC peers · 0/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 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.

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.

Longevity7/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

is sufficient and appropriate to provide a basis for our opinion. Page 7 BIDCO 8787 LIMITED INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BIDCO 8787 LIMITED (CONTINUED) Conclusions relating to going concern We are responsible for concluding on the appropriateness of the directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertaint

Key FinancialsYear ending 30/06/2023

Net Worth

-£17.7M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Profit Before Tax

-£5.9M

Bottom line earnings

Net Current Assets

-£43.2M

Working capital

Current Assets

£1.3M

Current Liabilities

£44.5M

Fixed Assets

£32.5M

Debtors

£214k

Admin Expenses

£1.3M

Operating Profit

-£1.2M

Profit After Tax

-£5.9M

7avg. employees

Balance Sheet

Bank loans & overdrafts£1.2M
Assets less current liabilities-£10.7M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent Ratio
20230.03

Derived from filed accounts. Not audited figures.