{"name":"BG FUNDING LIMITED","company_number":"02026381","status":"Active","type":"Private Limited Company","incorporated":"1986-06-09","dissolved":null,"registered_office":"Drmg House, Cremers Road, Sittingbourne, Kent, United Kingdom, ME10 3US","postcode":"ME10 3US","sic_codes":[{"code":68100,"description":"Buying and selling of own real estate"}],"principal_activity":null,"previous_names":[{"name":"CLANCREST LIMITED","changed_on":"1986-08-04"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 August","last_made_up_to":"2025-08-31","next_due":"2027-05-31"},"employees":{"count":1,"accounts_date":"2025-08-31"},"financials":[{"financial_date":"2025-08-31","net_assets":7203086,"cash":2056,"average_employees":1},{"financial_date":"2024-08-31","net_assets":10833026,"cash":40989,"average_employees":3},{"financial_date":"2023-03-31","net_assets":11476079,"cash":0,"average_employees":4},{"financial_date":"2022-03-31","net_assets":11672551,"cash":9737},{"financial_date":"2021-03-31","net_assets":11357089,"cash":20890}],"officers":{"current":1,"resigned":10,"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":23,"outstanding":2},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"BG Funding Limited operates as a conservatively-leveraged property investment vehicle within a group structure, holding £16.5M of investment property against just 25% LTV on external debt — a position significantly de-risked relative to sector norms of 45-60% LTV. However, critically low cash reserves (£41k against £4.1M current liabilities), declining retained earnings, and static property valuations during a period of broader market correction suggest the company may be experiencing income pressure despite its strong capital position. The company's competitive advantage lies in its substantial unrealised gains and low leverage providing resilience against further market downturns, but its near-term viability appears dependent on continued group funding support and rental income stability.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/bg-funding","people":"https://www.companiesintheuk.co.uk/company/bg-funding/people","filing_history":"https://www.companiesintheuk.co.uk/company/bg-funding/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02026381","financials":"https://www.companiesintheuk.co.uk/company/bg-funding/financial","control":"https://www.companiesintheuk.co.uk/company/bg-funding/control","charges":"https://www.companiesintheuk.co.uk/company/bg-funding/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/bg-funding/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/bg-funding"}