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Besad Ltd

13077693

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

56 BEWICK ROAD, GATESHEAD, NE8 4DQ
Incorporated 11/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Isaac Grossnass

director · Since 11/12/2020

RESEARCHER

BRITISH · UNITED KINGDOM · Age 47

Also on 1 other board

Mr Theodore Joseph Miller

director · Since 11/12/2020

LECTURER

BRITISH · UNITED KINGDOM · Age 70

Also on 2 other boards

Persons with Significant Control

Mr Theodore Joseph Miller

75–100% shares
75–100% votes

British · United Kingdom · Age 70

56, Bewick Road, Gateshead, NE8 4DQ

Notified 11/12/2020

Former PSCs

Rebecca Renee Miller

Ceased 22/12/2020

Charges2 outstanding

Charge
outstanding

LANDBAY PARTNERS LTD

Created 25/06/2021Registered 06/07/2021
Charge
satisfied

LANDBAY PARTNERS LTD

Created 25/06/2021Registered 28/06/2021Satisfied 06/07/2021
Charge
outstanding

LANDBAY PARTNERS LTD

Created 10/06/2021Registered 11/06/2021

CompanyRankvs 162971+ SIC 68100 peers
18

Financial strength9th percentile among SIC peers · 2/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees3/15 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

Outstanding charges: -10 pts

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

-£32k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£233k

Working capital

Current Assets

£764

Current Liabilities

£234k

Fixed Assets

£1.1M

0avg. employees

Balance Sheet

Assets less current liabilities£890k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00-£2k
20240.01+£1k
20230.01-£1k
20220.00

Derived from filed accounts. Not audited figures.