Company Overview
Banabay Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 05 December 2012, so this is a well established company. Banabay Limited has been in business for 13 years and 3 months. The accounts status is total exemption full and the accounts are next due on Friday 30 September 2022.
Registered Address

9 High Street, Madeley, Telford, TF7 5AQ
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Companies House Data
Company NameBANABAY LIMITED
Company Number08319376
Registered Office Address9 High Street
 Madeley
 TF7 5AQ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date05/12/2012
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2022
Accounts Last Made Up Date31/12/2020
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date22/04/2017
Returns Last Made Up Date25/03/2016
Directors & Members
Mark O'sullivan - Director
(British, 51 years old, born March 1975)
Appointed 05 December 2012
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Mark O'sullivan
BIRMINGHAM TECH CIC
BOXXED UP LTD
BUYERR LIMITED
FREETABLE UK LTD
FRESH QUALITY SOLUTIONS LIMITED
LOGISTIC PARTNERS LIMITED
MOS ENTERPRISES HOLDINGS LTD
PANGLOBAL GROUP LIMITED
PPE FOR THE UK LIMITED
PURESAN LIMITED
THE BOARDROOM COLLECTIVE LIMITED
WE LOVE PURELY LIMITED
WOMEN ACTING IN TODAY'S SOCIETY (W.A.I.T.S)
WOODBARN TECHNOLOGIES LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2020 31-Dec-2019 31-Dec-2018
Balance Sheet
Fixed Assets 51,390 51,390 812
Current Assets 294,056 294,056 121,263
Creditors Due Within One Year 895,714 895,714 950,055
Working Cap -601,658 -601,658 -828,792
Total Assets Less Current Liabilities -550,268 -550,268 -827,980
Long-term Liabilities 550,368 550,368 828,080
Net Assets 100 100 100
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 100 100 100
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2020 31-Dec-2019 31-Dec-2018
Tangible Fixed Assets - - -
Fixed Assets 14.9% 14.9% 0.7%
Stocks Inventory - - -
Debtors 77.6% 77.6% 99.3%
Cash Bank In Hand 7.5% 7.5% 0.0%
Current Assets 85.1% 85.1% 99.3%
Creditors Due Within One Year 259.3% 259.3% 778.3%
Net Current Assets Liabilities -174.2% -174.2% -678.9%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 0.0% 0.0% 0.1%
Capital Employed - - -
Total Assets Less Current Liabilities -159.3% -159.3% -678.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2020 31-Dec-2019 31-Dec-2018
Liquidity Ratio 0.3 0.3 0.1
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2020 31-Dec-2019 31-Dec-2018
Assets 345,446 345,446 122,075
Debt 345,346 345,346 121,975
Net Assets/Debt 100 100 100

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around TF7 5AQ
MELVICH LTD
1 North View Flats, Broadway, Shifnal, Shropshire, TF7 5AQ
Document Filings
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Compulsory strike-off action has been discontinued
Confirmation statement made on 25 March 2022 with no updates
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 25 March 2021 with no updates
Registered office address changed from 27 Lincoln Croft Shenstone Lichfield WS14 0nd England to 9 High Street Madeley Telford TF7 5AQ on 22 March 2021
Registration of charge 083193760002, created on 6 May 2020
Confirmation statement made on 25 March 2020 with no updates
Confirmation statement made on 25 March 2019 with updates
Registered office address changed from The Gatehouse 2B Victoria Works Vittoria Street Birmingham West Midlands B1 3PE to 27 Lincoln Croft Shenstone Lichfield WS14 0nd on 8 May 2019
Confirmation statement made on 25 March 2018 with updates
Confirmation statement made on 25 March 2017 with updates
Satisfaction of charge 083193760001 in full
Annual return made up to 25 March 2016 with full list of shareholders
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