BUSINESS MIND LTD

Company number 06096064 · Active

BUSINESS MIND LTD is a private limited company registered in BARKING, United Kingdom, incorporated on 12 Feb 2007. Its registered activity is sale of new cars and light motor vehicles. Its latest published accounts for the period ending 28 Feb 2025 show equity of −£246k, total assets of £39k. It has filed 6 sets of accounts, 2 of them after the deadline. Our model estimates a 0.74 % probability that it becomes insolvent within 12 months, 6.4 times the average for active companies (very high risk).

Insolvency risk, next 12 months

0.74 %
Very high risk
Lowest riskHighest risk

Higher than 97 % of active companies in the United Kingdom. 6.4× the average annual insolvency rate (0.12 %).

Raises the risk

Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Cash ÷ assets3.7×0.00304687–0.0300733 · 0.44 % became insolvent
Filing delay of last accounts (days)3.7×≥ 321 · 0.43 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Employees3.1×3–8 · 0.36 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
06096064 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
12 Feb 2007 (20 years)
Registered address
IG11 0JP BARKING
Postcode area
Ilford
Activity
45111 Sale of new cars and light motor vehicles
Industry
Wholesale and retail trade of motor vehicles
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
28 Feb 202515 Feb 2026– –−£246k£39k £238k£8663
29 Feb 202415 Nov 2024– –£221k£40k £214k–2
28 Feb 202315 Nov 2023– –£191k£44k £188k–3
28 Feb 202215 Nov 2022– –£95k£80k £73k–3
28 Feb 202115 Nov 2021– –£12k£110k £51k–3
29 Feb 202015 Feb 2021– –£9,619£101k £92k–2

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Ilford

Questions about BUSINESS MIND LTD

What is the company number of BUSINESS MIND LTD?

BUSINESS MIND LTD is registered under company number 06096064 in the official register of United Kingdom. View it at the official register.

Is BUSINESS MIND LTD still active?

Yes. BUSINESS MIND LTD is registered as active (status: Active).

Has BUSINESS MIND LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for BUSINESS MIND LTD in the official data.

How likely is BUSINESS MIND LTD to become insolvent?

Our model estimates a 0.74 % probability that BUSINESS MIND LTD becomes insolvent within the next 12 months (very high risk). That is higher than 97 % of active companies in the United Kingdom.

When was BUSINESS MIND LTD founded?

BUSINESS MIND LTD was incorporated on 12 Feb 2007.

Where is BUSINESS MIND LTD registered?

BUSINESS MIND LTD's registered address is in IG11 0JP BARKING (Ilford), United Kingdom.

What do the latest accounts of BUSINESS MIND LTD show?

The latest published accounts (period ending 28 Feb 2025) show equity of −£246k, total assets of £39k, 3 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 9 Nov 2026.