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Bacit Software Services Ltd

15724673

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

SILK HAY COTTAGE, HEXHAM, NE46 2JT
Incorporated 16/05/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47410
Retail sale of computers, peripheral units and software in specialised stores

Officers

Mr Benjamin Andrew Carr

director · Since 16/05/2024

SOFTWARE ENGINEER

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Persons with Significant Control

Mr Benjamin Andrew Carr

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

British · United Kingdom · Age 50

Silk Hay Cottage, Dipton Mill Road, Hexham, NE46 2JT

Notified 16/05/2024

CompanyRankvs 1256+ SIC 47410 peers
47

Financial strength14th percentile among SIC peers · 4/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 8.41× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity2/15 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 31/05/2025

Net Worth

-£5k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£19k

Current Liabilities

£2k

Fixed Assets

£4k

1avg. employees

Balance Sheet

Assets less current liabilities£21k
Signed by 16.5.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20258.41

Derived from filed accounts. Not audited figures.