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Barassie Engineering Systems Ltd

12507853

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

GROUND FLOOR, WOODLAND HOUSE WOODLAND PARK, CLECKHEATON, BD19 6BW
Incorporated 10/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Matthew Hugh Gillies

director · Since 10/03/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 1 other board

Persons with Significant Control

Barassie Limited

75–100% shares

Ground Floor, Woodland House, Woodland Park, Cleckheaton, BD19 6BW

Reg: 06806058 · Companies House · Private Limited Company

Notified 10/03/2020

Charges0 outstanding

Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 11/06/2025Registered 17/06/2025Satisfied 18/12/2025
Charge
satisfied

KRIYA FINANCE LIMITED

Created 21/02/2023Registered 21/02/2023Satisfied 27/02/2025

CompanyRankvs 10481+ SIC 43210 peers
67

Financial strength77th percentile among SIC peers · 19/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.01× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 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.

Liquidity12/20 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£45k

Balance sheet strength

Cash

£90k

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£330k

Current Liabilities

£326k

Fixed Assets

£54k

Debtors

£239k

Profit After Tax

£182k

10avg. employees+3

Tax at Year End

Corp tax£53k
Dividends paid£186k

Balance Sheet

Assets less current liabilities£58k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.01-£4k
20241.11+£79k
20230.81

Derived from filed accounts. Not audited figures.