# BANFICO LTD (11036752)

> 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).

- Status: Active
- Incorporated: 2017-10-30
- Registered office: London, E14 5AB
- SIC 62020: Information technology consultancy activities
- Next accounts due: 2027-07-31
- Confirmation statement due: 2026-11-13
- Accounts type: SMALL

By net assets it sits in the top quarter of 19,391 comparable companies in London (median £3,248, upper quartile £35k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | £258k | £1.06m | — | £2.70m | — | £274k | 8 |
| 2024-10-31 | £154k | £773k | — | £2.01m | — | — | 8 |
| 2023-11-01 | — | — | — | — | — | — | — |
| 2023-10-31 | £152k | £122k | — | £33k | — | — | 8 |

current ratio 0.85; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net 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 year: Current ratio 0.85
- Cash at bank of £50,000 or more: Cash £1,064,254
- Three or more accounting periods on record: 4 periods on record
- Incorporated five or more years ago: Incorporated 30 October 2017

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Kannan Rasappan — owns 25–50% of shares, since 2017-10-30
- Mrs Selvambikai Duraisamy — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2025-08-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/11036752
HTML: https://firmoscan.com/company/11036752-banfico-ltd