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Belfay Ltd

14545019

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

1 BALDWIN ROAD, WATFORD, WD17 4DP
Incorporated 16/12/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70221
Financial management
71200
Technical testing and analysis

Officers

Mr Bamidele Shittu

director · Since 16/12/2022

ANALYST

BRITISH · UNITED KINGDOM · Age 41

Persons with Significant Control

Mr Bamidele Shittu

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

British · United Kingdom · Age 41

54, Colnhurst Road, Watford, WD17 4BZ

Notified 16/12/2022

CompanyRankvs 15870+ SIC 70221 peers
25

Financial strength8th percentile among SIC peers · 2/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.27× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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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.

Employees2/15 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.

Longevity4/15 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 31/12/2024

Net Worth

-£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£2k

Current Liabilities

£6k

0avg. employees

Balance Sheet

Assets less current liabilities-£5k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.27+£3k
20230.00

Derived from filed accounts. Not audited figures.