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Bach Wen Limited

11954125

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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

376 MARINE ROAD EAST, MORECAMBE, LA4 5AH
Incorporated 18/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Luke Kenneth Cooper

director · Since 18/04/2019

ARCHITECT

BRITISH · ENGLAND · Age 45

Also on 3 other boards

Mr William George Gee

director · Since 18/04/2019

ARTS MANAGER

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Mr Ioan Meurig Hughes

director · Since 20/06/2019

CIVIL ENGINEER

WELSH · WALES · Age 43

Mr Peter James Moser

secretary · Since 12/10/2019

Also on 1 other board

Mr Peter James Moser

director · Since 18/04/2020

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 1 other board

Persons with Significant Control

Mr William George Gee

Significant control

British · United Kingdom · Age 60

376, Marine Road East, Morecambe, LA4 5AH

Notified 31/03/2025

Mr Ioan Meurig Hughes

Significant control

Welsh · Wales · Age 43

376, Marine Road East, Morecambe, LA4 5AH

Notified 31/03/2025

Mr Luke Kenneth Cooper

Significant control

British · United Kingdom · Age 45

376, Marine Road East, Morecambe, LA4 5AH

Notified 31/03/2025

Mr Peter James Moser

Significant control

British · England · Age 69

376, Marine Road East, Morecambe, LA4 5AH

Notified 31/03/2025

Charges2 outstanding

Charge
outstanding

ECOLOGY BUILDING SOCIETY

Created 12/05/2021Registered 29/05/2021
Charge
outstanding

ECOLOGY BUILDING SOCIETY

Created 30/10/2019Registered 07/11/2019

CompanyRankvs 162656+ SIC 68209 peers
22

Financial strength71th percentile among SIC peers · 18/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.08× · 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 strength18/25 pts

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

Employees0/15 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/10/2024

Net Worth

£42k

Balance sheet strength

Cash

£37k

Cash in the bank

Net Current Assets

-£457k

Working capital

Current Assets

£42k

Current Liabilities

£499k

Fixed Assets

£1.7M

Debtors

£5k

Tax at Year End

VAT£19k

Director Loans

Company owes directors£447k

Balance Sheet

Assets less current liabilities£1.3M
Signed by Mr Peter Moser 22/11/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.08-£54k£385k
20230.22-£47k£269k
20220.17+£260k£274k
20210.34-£22k£6k
20200.29-£63k
20190.25

Derived from filed accounts. Not audited figures.