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Bagamuffin Limited

14765268

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

133 THE BROADWAY, LONDON, NW7 4RN
Incorporated 28/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

15120
Manufacture of luggage, handbags and the like, saddlery and harness

Officers

Mr Jaswinder Singh Sehmbi

director · Since 28/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 1 other board

Mr Peter Mark Keep

director · Since 28/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 2 other boards

Persons with Significant Control

Mr Peter Mark Keep

50–75% shares
50–75% votes

British · England · Age 63

133, The Broadway, London, NW7 4RN

Notified 28/03/2023

Mr Jaswinder Singh Sehmbi

25–50% shares
25–50% votes

British · England · Age 68

2, Sackville Gardens, Ilford, IG1 3LH

Notified 28/03/2023

CompanyRankvs 708+ SIC 15120 peers
33

Financial strength2th percentile among SIC peers · 1/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity3 years trading (max 15) · 3/15
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.

Employees12/15 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.

Longevity3/15 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 31/08/2024

Net Worth

-£193k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£195k

Working capital

Current Assets

£130k

Current Liabilities

£326k

Fixed Assets

£2k

2avg. employees

Balance Sheet

Assets less current liabilities-£192k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent Ratio
20240.40

Derived from filed accounts. Not audited figures.