Active10773697Private limited companyHove

BASANITE LIMITED

C57/100

Owned by Wei Shao (50–75%)

Companies HouseCompanies House
01

Summary

Generated from filed data · no estimates

BASANITE LIMITED is an active private limited company (company number 10773697) incorporated on 16 May 2017, registered in Hove. Its registered activity is buying and selling of own real estate (SIC 68100). Latest small accounts cover the period ending 31 May 2026, showing net assets of £1,235 and cash of £8,689, with 2 employees on average. Net assets fell 76% on the prior period (£5,198). Across the last 3 periods on record the net-asset trend is falling.

Peer position · net assets

By net assets it sits in the upper half of 1,893 comparable companies in Brighton (median £0, upper quartile £10k).

02

Key dates

Incorporated
16 May 20179 yrs ago
Next accounts due
29 February 2028in 495 days
Confirmation statement due
30 May 2027in 220 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

03

Activity

SIC 68100
Buying and selling of own real estate
SIC 68209
Other letting and operating of own or leased real estate
SIC 79909
Other reservation service activities n.e.c.
Accounts type
Total Exemption Full
Size band
MicroCompanies Act thresholds
04

Financials

3 periods on record · latest ending 31 May 2026
Net assets
£1,235
−76%vs May 2025
Cash at bank
£8,689
+129%vs May 2025
Turnover
Not reported
Employees
2
No changevs May 2025
Net assets
£1,235
Cash at bank
£8,689
Average employees
2
Filed accounts by period, newest first
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 May 2026£1,235£8,689—£1.42m——2
31 May 2025£5,198£3,799—£1.41m——2
31 May 2024£5,200£9,658—£1.41m——2
Current ratio0.01Current liabilities exceed current assets
Cash per employee£4,344Cash ÷ average employees

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

05

Firmoscan score

Rules-based · every point shows its evidence
57 / 100 · grade C
EDCBA
Score breakdown
50Starting scoreEvery scored company starts here
+10Positive net assetsNet assets £1,235 at 2026-05-31
−8Net assets falling-76.2% vs prior period
−8Current liabilities exceed current assetsCurrent ratio 0.01
+5Multi-year filing history3 periods on record
+8EstablishedIncorporated 2017-05-16 (9 years)
57Score, grade C

A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.

06

Ownership and control

1 active
  • Mr Wei Shao
    Individual · since 16 May 2017
    • owns 50–75% of shares
    • holds 50–75% of voting rights
    • can appoint or remove directors

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

07

Timeline

Newest first
  1. Next accounts duein 495 days
  2. Confirmation statement duein 220 days
  3. Accounts period endNet assets £1,235 · small accounts
  4. Accounts period endNet assets £5,198 · small accounts
  5. Accounts period endNet assets £5,200 · small accounts
  6. Incorporated
08

Similar companies in Brighton

Same activity (buying and selling of own real estate), closest in incorporation date
09

Reminders for BASANITE LIMITED

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.