Butterfly Bidco Limited
13233643
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/03/2021
NONE
GERMAN · UNITED KINGDOM · Age 47
Also on 5 other boards
Persons with Significant Control
Butterfly Midco Limited
Hermes House, 88-89 Blackfriars Road, London, SE1 8HA
Reg: 13232475 · Companies House · Private Limited Company
Notified 27/02/2021
Former PSCs
Butterfly Topco Limited
Ceased 28/02/2021
Charges2 outstanding
SANTANDER UK PLC (AS SECURITY AGENT FOR THE SECURED PARTIES (AS DEFINED IN THE INSTRUMENT))
SANTANDER UK PLC (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE INSTRUMENT))
CompanyRankvs 30574+ SIC 64209 peers23
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
called for immediate repayment, which is not guaranteed. This indicates the existence of a material uncertainty which may cast significant doubt over the Company's ability to continue as a going concern, and therefore it may not be able to realise its assets and discharge its liabilities in the ordinary course of business. Having undertaken this going concern assessment the direc
Key FinancialsYear ending 31/12/2024
Net Worth
-£50.0M
Balance sheet strength
Cash
£110k
Cash in the bank
Profit Before Tax
-£16.0M
Bottom line earnings
Net Current Assets
£17.6M
Working capital
Current Assets
£21.7M
Current Liabilities
£4.1M
Debtors
£21.5M
Admin Expenses
£2.6M
Profit After Tax
-£17.2M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 5.30 | -£17.1M |
| 2023 | 8.86 | — |
Derived from filed accounts. Not audited figures.