{"name":"BGROUP TECHNOLOGY 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":"BAANX GROUP LTD","changed_on":"2026-10-26"},{"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 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.","website":"http://baanx.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/bgroup-technology","people":"https://www.companiesintheuk.co.uk/company/bgroup-technology/people","filing_history":"https://www.companiesintheuk.co.uk/company/bgroup-technology/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/11155938","financials":"https://www.companiesintheuk.co.uk/company/bgroup-technology/financial","control":"https://www.companiesintheuk.co.uk/company/bgroup-technology/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/bgroup-technology/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/bgroup-technology"}