Company Overview
Business Buddies Ltd is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Monday 13 April 2015, so this is a well established company. Business Buddies Ltd has been in business for 10 years and 11 months. The accounts status is micro entity and the accounts are next due on Wednesday 31 December 2025.
Registered Address

1580 Parkway Solent Business Park, Whiteley, Fareham, Hampshire, PO15 7AG
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Companies House Data
Company NameBUSINESS BUDDIES LTD
Company Number09538901
Registered Office Address1580 Parkway Solent Business Park
 Whiteley
 PO15 7AG
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date13/04/2015
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date11/05/2017
Returns Last Made Up Date13/04/2016
Directors & Members
Sarah-Jane Lonnon - Director
(British, 43 years old, born July 1983)
Appointed 13 April 2015
 Active
Lindsey Spurway - Director
(British, 45 years old, born May 1981)
Appointed 13 April 2015
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Sarah-Jane Lonnon
No companies found
Lindsey Spurway
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Balance Sheet
Fixed Assets 2,323 2,323 2,106
Current Assets 63,209 63,209 47,356
Creditors Due Within One Year 24,125 24,125 15,545
Working Cap 39,084 39,084 31,811
Total Assets Less Current Liabilities 41,407 41,407 33,917
Long-term Liabilities 41,138 41,138 13,447
Net Assets 269 269 20,470
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 269 269 20,470
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Tangible Fixed Assets - - -
Fixed Assets 3.5% 3.5% 4.3%
Stocks Inventory - - -
Debtors 43.6% 43.6% 60.2%
Cash Bank In Hand 52.9% 52.9% 35.6%
Current Assets 96.5% 96.5% 95.7%
Creditors Due Within One Year 36.8% 36.8% 31.4%
Net Current Assets Liabilities 59.6% 59.6% 64.3%
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 0.4% 0.4% 41.4%
Capital Employed - - -
Total Assets Less Current Liabilities 63.2% 63.2% 68.6%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Liquidity Ratio 2.6 2.6 3.0
Solvency Ratio 1.0 1.0 1.7
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Assets 65,532 65,532 49,462
Debt 65,263 65,263 28,992
Net Assets/Debt 269 269 20,470

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.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. 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 slender 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. Information provided by Companies House shows Liquidation.

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.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. 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 slender 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. Information provided by Companies House shows Liquidation.  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.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. 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 slender 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. Information provided by Companies House shows Liquidation.

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 PO15 7AG
MERIDIAN SOUTH MANAGEMENT LIMITED
94 Park Lane, Croydon, Surrey, PO15 7AG
THE GRANGE (WESTHAMPNETT) MANAGEMENT LIMITED
2 PARK FARM, CHICHESTER ROAD, ARUNDEL, WEST SUSSEX, PO15 7AG
Document Filings
Return of final meeting in a creditors' voluntary winding up
Registered office address changed from 1580 Parkway Solent Business Park Whiteley Fareham Hampshire PO15 7AG to 1580 Parkway Solent Business Park Whiteley Fareham Hampshire PO15 7AG on 26 February 2025
Registered office address changed from C/O Business Buddies Ltd Devonshire House Aviary Court Wade Road Basingstoke Hampshire RG24 8PE England to 1580 Parkway Solent Business Park Whiteley Fareham Hampshire PO15 7AG on 26 February 2025
Statement of affairs
Appointment of a voluntary liquidator
Resolutions
Confirmation statement made on 13 April 2024 with no updates
Confirmation statement made on 13 April 2023 with no updates
Registration of charge 095389010001, created on 15 July 2022
Confirmation statement made on 13 April 2022 with no updates
Confirmation statement made on 13 April 2021 with no updates
Confirmation statement made on 13 April 2020 with no updates
Confirmation statement made on 13 April 2019 with no updates
Change of details for Mrs Sarah-Jane Anne Lonnon as a person with significant control on 18 July 2018
Confirmation statement made on 13 April 2018 with no updates
Current accounting period shortened from 30 April 2018 to 31 March 2018
Correction of a Director's date of birth incorrectly stated on incorporation / mrs lindsey marie spurway
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