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Albax Bikes Limited

13466663

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)
  • Current liabilities exceed current assets (-10)

Details

239-241 KENNINGTON LANE, LONDON, SE11 5QU
Incorporated 21/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade
47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
47910
Retail sale via mail order houses or via Internet

Officers

Mrs Nilufer Atalay

director · Since 21/06/2021

DIRECTOR

BRITISH,TURKISH · UNITED KINGDOM · Age 50

Also on 1 other board

Persons with Significant Control

Mrs Nilufer Atalay

50–75% shares
50–75% votes
Appoint directors

British,Turkish · United Kingdom · Age 50

239-241 Kennington Lane, London, SE11 5QU

Notified 21/06/2021

Mr Burak Atalay

25–50% shares
25–50% votes

British · United Kingdom · Age 51

239-241 Kennington Lane, London, SE11 5QU

Notified 21/06/2021

CompanyRankvs 21922+ SIC 46900 peers
30

Financial strength3th percentile among SIC peers · 1/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees7/15 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.

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

Key FinancialsYear ending 30/06/2025

Net Worth

-£79k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£79k

Working capital

Current Assets

£5k

Current Liabilities

£84k

1avg. employees

Balance Sheet

Assets less current liabilities-£79k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.06+£0
20250.06-£22k
20240.32-£6k
20230.41-£33k
20220.73—

Derived from filed accounts. Not audited figures.