# BALADABADI LETS LTD (15357211)

> BALADABADI LETS LTD is an active private limited company (company number 15357211) incorporated on 17 December 2023, registered in Caldicot. Its registered activity is residents property management (SIC 98000). Latest micro accounts cover the period ending 31 December 2025, showing net assets of −£18k, with 0 employees on average. Turnover was £12k and profit for the year −£5,140. Net assets fell 40% on the prior period (−£13k).

- Status: Active
- Incorporated: 2023-12-17
- Registered office: Caldicot, NP26 3JH
- SIC 98000: Residents property management
- Next accounts due: 2027-09-30
- Confirmation statement due: 2026-12-31
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 1,002 comparable companies in Cardiff (median £8, upper quartile £1,665).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | −£18k | — | — | £400 | £12k | −£5,140 | 0 |
| 2024-12-31 | −£13k | — | — | £605 | £0 | −£13k | 0 |

current ratio 2.79; net margin -41.8%; size band micro.

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

- Net assets below zero: Net assets £-18,029 at 31 December 2025
- Net assets down 25% or more on the prior period: -39.9% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.79
- Incorporated two to five years ago: Incorporated 17 December 2023

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

## Persons with significant control

- Mr Dariush Baladabadi — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-12-17

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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/15357211
HTML: https://firmoscan.com/company/15357211-baladabadi-lets-ltd