# BABSANG LTD (12749777)

> BABSANG LTD is an active private limited company (company number 12749777) incorporated on 17 July 2020, registered in London. Its registered activity is licenced restaurants (SIC 56101). Latest small accounts cover the period ending 31 July 2025, showing net assets of £13k and cash of £70k, with 12 employees on average. Net assets fell 61% on the prior period (£33k).

- Status: Active
- Incorporated: 2020-07-17
- Registered office: London, E8 1NH
- SIC 56101: Licenced restaurants
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-07-31
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 5,455 comparable companies in London (median £100, upper quartile £36k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | £13k | £70k | — | £251k | — | — | 12 |
| 2024-07-31 | £33k | £60k | — | £245k | — | — | 10 |

current ratio 0.3; size band micro.

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

- Net assets above zero: Net assets £12,781 at 31 July 2025
- Net assets down 25% or more on the prior period: -61.4% vs prior period
- Current assets below creditors within one year: Current ratio 0.3
- Cash at bank of £50,000 or more: Cash £70,223
- Incorporated five or more years ago: Incorporated 17 July 2020

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

## Persons with significant control

- Mr Kang Hoon Lee — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2025-12-10

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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/12749777
HTML: https://firmoscan.com/company/12749777-babsang-ltd