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Byke Parking Ltd

13225177

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

41 BALTIMORE HOUSE, LONDON, SW18 1TS
Incorporated 25/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Michael Horrigan

director · Since 25/02/2021

DIRECTOR

BRITISH · ENGLAND · Age 51

Ms Jana Dowling

director · Since 15/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Velocitii Digital Solutions Ltd

75–100% shares
75–100% votes

41 Baltimore House, Juniper Drive, London, SW18 1TS

Reg: 11493571 · England And Wales · Limited Company

Notified 19/12/2023

Former PSCs

Mr Michael Horrigan

Ceased 19/12/2023

CompanyRankvs 41101+ SIC 62012 peers
25

Financial strength6th percentile among SIC peers · 2/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.34× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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41101Byke Parking Ltd
35
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.

Employees11/15 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.

Longevity5/15 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 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 31/03/2025

Net Worth

-£51k

Balance sheet strength

Cash

£296

Cash in the bank

Net Current Assets

-£766

Working capital

Current Assets

£392

Current Liabilities

£1k

Fixed Assets

£2k

Debtors

£96

2avg. employees

Tax at Year End(2023)

VAT£11

Director Loans

Company owes directors£1k

Balance Sheet

Intangible assets£2k
Assets less current liabilities£734
Signed by Mr Michael Horrigan 02/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.34-£4k—
20240.78-£4k—
20231.16-£5k£220
20225.47—£220

Derived from filed accounts. Not audited figures.