£258k
+67%vs Oct 2024Active11036752Private limited companyLondon
BANFICO LTD
Significant control: Kannan Rasappan (25–50%), Selvambikai Duraisamy (25–50%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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Registered activity: Information technology consultancy activities (SIC 62020). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
BANFICO LTD is an active private limited company (company number 11036752) incorporated on 30 October 2017, registered in London. Its registered activity is information technology consultancy activities (SIC 62020). Latest small accounts cover the period ending 31 October 2025, showing net assets of £258k and cash of £1.06m, with 8 employees on average. Net assets rose 67% on the prior period (£154k).
Peer position · net assets
By net assets it sits in the top quarter of 19,391 comparable companies in London (median £3,248, upper quartile £35k).
02
Ownership and control
- Mr Kannan Rasappan
- owns 25–50% of shares
- Mrs Selvambikai Duraisamy
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- Mr Hemanth Kumar Shanthilal Jain
- owns 25–50% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 30 October 20178 yrs ago
- Next accounts due
- 31 July 2027in 281 days
- Confirmation statement due
- 13 November 2026in 21 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 62020
- Information technology consultancy activities
- Accounts type
- Small
- Size band
- MicroCompanies Act thresholds
05
Financials
£1.06m
+38%vs Oct 2024Not reported
8
No changevs Oct 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 October 2025 | £258k | £1.06m | — | £2.70m | — | £274k | 8 |
| 31 October 2024 | £154k | £773k | — | £2.01m | — | — | 8 |
| 1 November 2023 | — | — | — | — | — | — | — |
| 31 October 2023 | £152k | £122k | — | £33k | — | — | 8 |
Current ratio0.85Current assets ÷ creditors within one year
Cash per employee£133kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £258,017 at 31 October 2025
- Net assets up 10% or more on the prior period+67.5% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.85
- Cash at bank of £50,000 or moreCash £1,064,254
- Three or more accounting periods on record4 periods on record
- Incorporated five or more years agoIncorporated 30 October 2017
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Next accounts duein 281 days
- Confirmation statement duein 21 days
- Accounts period endNet assets £258k · small accounts
- Accounts period endNet assets £154k · small accounts
- Accounts period end
- Accounts period endNet assets £152k · small accounts
- Incorporated
08
Similar companies in London
09
Reminders for BANFICO LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.