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Bam Spice Ltd

12474831

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

THE OLD COOP BUILDINGS, NEWCASTLE UPON TYNE, NE15 9SR
Incorporated 20/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Belal Ahmed

director · Since 20/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 2 other boards

Persons with Significant Control

Mr Belal Ahmed

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

British · England · Age 34

4, Arrol Park, Sunderland, SR4 7BS

Notified 20/02/2020

CompanyRankvs 4888+ SIC 56102 peers
61

Financial strength27th percentile among SIC peers · 7/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 16.66× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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4888Bam Spice Ltd
61
How is this score calculated?
Financial strength7/25 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.

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.

Longevity6/15 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 28/02/2021

Net Worth

-£2k

Balance sheet strength

Cash

£28k

Cash in the bank

Net Current Assets

£34k

Working capital

Current Assets

£36k

Current Liabilities

£2k

Fixed Assets

£15k

Debtors

£8k

10avg. employees

Tax at Year End

VAT£2k

Balance Sheet

Bank loans & overdrafts£50k
Assets less current liabilities£48k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioEst. Revenue
202116.66£43k

Derived from filed accounts. Not audited figures.