{"name":"BAANX GROUP LTD","company_number":"11155938","status":"Active","type":"Private Limited Company","incorporated":"2018-01-17","dissolved":null,"registered_office":"96 Pavilion Office, Kensington High Street, London, United Kingdom, W8 4SG","postcode":"W8 4SG","sic_codes":[{"code":74909,"description":"Other professional, scientific and technical activities not elsewhere classified"}],"principal_activity":null,"previous_names":[{"name":"NAIAD I LIMITED","changed_on":"2018-06-26"}],"warnings":["The annual accounts for this company are overdue.","The confirmation statement for this company is overdue."],"accounts":{"category":"Unaudited Abridged","year_end":"30 June","last_made_up_to":"2024-06-30","next_due":"2026-03-31"},"employees":{"count":25,"accounts_date":"2022-06-30"},"financials":[{"financial_date":"2022-06-30","net_assets":255268,"cash":2551083,"average_employees":25},{"financial_date":"2021-06-30","net_assets":2036293,"cash":1650711,"average_employees":15},{"financial_date":"2020-06-30","net_assets":2023903,"cash":763},{"financial_date":"2019-06-30","net_assets":824265,"cash":29662}],"officers":{"current":2,"resigned":2,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"BAANX GROUP LTD presents a HIGH investment risk profile, principally due to overdue statutory filings, a recent unexplained director resignation alongside unchanged shareholding control, materially negative P&L reserves supported only by share premium, and operations within the high-risk digital asset sector. While the company remains active with growing assets and improving cash balances, the absence of disclosed profitability and the structural leverage (£10.6M long-term creditors) mean that institutional engagement should be conditional upon receipt of current management accounts, clarification of governance changes, and confirmation of regulatory standing.","website":"http://baanx.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/baanx-group","people":"https://www.companiesintheuk.co.uk/company/baanx-group/people","filing_history":"https://www.companiesintheuk.co.uk/company/baanx-group/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/11155938","financials":"https://www.companiesintheuk.co.uk/company/baanx-group/financial","control":"https://www.companiesintheuk.co.uk/company/baanx-group/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/baanx-group/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/baanx-group"}