BGROUP TECHNOLOGY LTD
Company number 11155938 · Monitor this company
The annual accounts for this company are overdue.
The confirmation statement for this company is overdue.
Executive summary
Baanx Group Ltd is a loss-making crypto-asset business with underlying negative equity, extreme creditor-funded leverage (£14.0m liabilities vs £0.26m equity), and liquidity sustained only by external funding and working capital release. Overdue filings, stale financials, contradictory ownership records, and the recent resignation of its majority shareholder as director compound the risk. We recommend declining unsecured credit facilities; any future consideration requires current audited-quality financials, subordination of related-party debt, and tangible security.
Shareholders' funds
-£2,683,959
Balance sheet as at 2022-06-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2018-01-17
- Employees
- 25 (2022 accounts · was 15 in 2021)
- Registered office
- 96 Pavilion Office, Kensington High Street, London, United Kingdom, W8 4SG
- Postcode
- W8 4SG
- Capital
- 418 GBP
- Accounts category
- Unaudited Abridged
Accounts
- Last made up to
- 2024-06-30
- Next due by
- 2026-03-31 Overdue
- Financial year end
- 30 June
Confirmation statement
- Last statement dated
- 2025-08-05
- Next due by
- 2026-08-19 Overdue
Nature of business (SIC)
- 74909 Other professional, scientific and technical activities not elsewhere classified
Officers 2 current · 2 resigned
Contact details
- Website
- baanx.com
Self-custody transactions for buying, spending, and borrowing against digital assets.
Previous company names
| Name | Date changed |
|---|---|
| BAANX GROUP LTD | 2026-10-26 |
| NAIAD I LIMITED | 2018-06-26 |
Previous registered addresses 7
| Address | Changed on |
|---|---|
| LEVEL 18, 40 BANK STREET, LONDON, E14 5NR, UNITED KINGDOM | 2021-05-10 |
| MANSION HOUSE 33 QUEEN STREET, LONDON, EC4R 1AP, ENGLAND | 2021-04-30 |
| 40 LEVEL 18, BANK STREET, LONDON, E14 5NR, ENGLAND | 2021-04-30 |
| 33 MANSION HOUSE, 33 QUEEN STREET, LONDON, EC4R 1AP, ENGLAND | 2019-08-23 |
| 33 MANSION HOUSE, QUEEN STREET, LONDON, EC4R 1AP, ENGLAND | 2019-07-15 |
| BERKELEY SQUARE HOUSE BERKELEY SQUARE, MAYFAIR, LONDON, W1J 6BD, ENGLAND | 2019-03-18 |
| LAWNSWOOD 8 BURNTWOOD ROAD, SEVENOAKS, KENT, TN13 1PT, ENGLAND | 2018-08-30 |
At this address
Among the biggest employers
of 972 similar companies in W, with 25 staff.
Competitors London
-
3. AYR LTD
This company ranks 1487 among other professional, scientific and technical activities not elsewhere classified in London.
The class of 2018
31%
of the 7,109 companies in this sector incorporated in 2018 are still active today; 65% have since been dissolved.
A fact about the year, not a forecast for this company.