Company Overview
Btown Bikes Limited is a Dissolved Private Limited Company.
Registered Address

79 Caroline Street, Birmingham, B3 1UP
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Companies House Data
Company NameBTOWN BIKES LIMITED
Company Number05517002
Registered Office Address79 Caroline Street
 B3 1UP
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date25/07/2005
Accounting Reference Date Day30
Accounting Reference Date Month11
Accounts Next Due Date31/08/2019
Accounts Last Made Up Date30/11/2017
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date22/08/2016
Returns Last Made Up Date25/07/2015
Directors & Members
Michael Taylor - Director
(British, 56 years old, born November 1970)
Appointed 25 July 2005
Active
Secretaries
Katherine Taylor - Secretary
(British)
Appointed 25 July 2005
Active
Balance Sheet Unlock full report
Accounts Date 30-Nov-2017 30-Nov-2016 30-Nov-2015
Balance Sheet
Fixed Assets 22,835 30,447 40,596
Current Assets 272,452 379,937 384,172
Creditors Due Within One Year 497,468 410,389 343,620
Working Cap -225,016 -30,452 40,552
Total Assets Less Current Liabilities -202,181 -5 81,148
Long-term Liabilities 15,465 45,046 71,425
Net Assets -217,646 -45,051 9,723
Share Capital & Reserves
Share Cap - 10 10
Profit & Loss Reserves - -45,061 9,713
Other Reserves - 0 0
Shareholders Funds -217,646 -45,051 9,723
Common Size Financial Analysis Unlock full report
Accounts Date 30-Nov-2017 30-Nov-2016 30-Nov-2015
Tangible Fixed Assets - 7.4% 9.6%
Fixed Assets 7.7% 7.4% 9.6%
Stocks Inventory - 79.3% 74.7%
Debtors 34.5% 13.1% 15.6%
Cash Bank In Hand 2.3% 0.1% 0.2%
Current Assets 92.3% 92.6% 90.4%
Creditors Due Within One Year 168.5% 100.0% 80.9%
Net Current Assets Liabilities -76.2% -7.4% 9.5%
Creditors Due After One Year - 11.0% 16.8%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - -11.0% 2.3%
Called Up Share Capital - 0.0% 0.0%
Share Capital Allotted Called Up Paid - 0.0% 0.0%
Profit Loss Account Reserve - -11.0% 2.3%
Shareholder Funds -73.7% -11.0% 2.3%
Capital Employed - - -
Total Assets Less Current Liabilities -68.5% 0.0% 19.1%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Nov-2017 30-Nov-2016 30-Nov-2015
Liquidity Ratio 0.5 0.9 1.1
Solvency Ratio 0.6 0.9 1.0
Reserves to Assets - -0.1 0.0
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 3
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Nov-2017 30-Nov-2016 30-Nov-2015
Assets 295,287 410,384 424,768
Debt 512,933 455,435 415,045
Net Assets/Debt -217,646 -45,051 9,723
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
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Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Registered office address changed from Unit 7 Lakeside Plaza Bridgtown Cannock Staffordshire WS11 0XE to 79 Caroline Street Birmingham B3 1UP on 11 December 2019
Statement of affairs
Appointment of a voluntary liquidator
Resolutions
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Confirmation statement made on 25 July 2018 with updates
Registration of charge 055170020003, created on 10 January 2018
Compulsory strike-off action has been discontinued
Registration of charge 055170020002, created on 9 November 2017
First Gazette notice for compulsory strike-off
Confirmation statement made on 25 July 2017 with updates
Change of details for Mrs Katherine Bridget Taylor as a person with significant control on 18 November 2016
Change of details for Mr Michael John Taylor as a person with significant control on 18 November 2016
Director's details changed for Mr Michael John Taylor on 18 November 2016
Confirmation statement made on 25 July 2016 with updates
Sub-division of shares on 4 August 2015
Previous accounting period extended from 31 July 2015 to 30 November 2015
Secretary's details changed for Katherine Bridget Taylor on 20 October 2015
Director's details changed for Mr Michael John Taylor on 20 October 2015

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