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Biz Commercials Ltd

12712410

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

Details

SUITE 4, EUROPA HOUSE, GERRARDS CROSS, SL9 8BQ
Incorporated 02/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Pragash Somasundaram

director · Since 02/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 5 other boards

Persons with Significant Control

Pragash Somasundaram

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

British · United Kingdom · Age 50

1002 Building 2, Howard Road, Stanmore, HA7 1GB

Notified 02/07/2020

Former PSCs

Skandakumar Janarthanan

Ceased 06/09/2024

CompanyRankvs 18779+ SIC 64999 peers
25

Financial strength7th percentile among SIC peers · 2/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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18779Biz Commercials Ltd
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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.

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.

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.

Risk deductions

Going concern doubt: -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 identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern

Key FinancialsYear ending 31/07/2024

Net Worth

-£13k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£400

Working capital

Current Assets

£50

Current Liabilities

£450

Debtors

£50

2avg. employees

Director Loans

Company owes directors£13k
Directors owe company£50

Balance Sheet

Assets less current liabilities-£400
Signed by Mr Pragash Somasundaram 30 April 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.11-£1k
2023—-£1k
2022—-£1k

Derived from filed accounts. Not audited figures.