BABEL SYSTEMS LIMITED
Company number 06545405 · Monitor this company
The annual accounts for this company are overdue.
The confirmation statement for this company is overdue.
Executive summary
Babel Systems Limited is in liquidation and effectively ceasing to exist. While the 2023 accounts show £3.5M in shareholders' funds, this is an illusion created by intercompany accounting — the company has only £11,417 in cash, net current liabilities of £4.1M, and 99%+ of both debtors and creditors are with group companies. The apparent £8.7M profit in 2022 that rescued the company from £8.1M negative equity was almost certainly an intercompany debt restructuring rather than genuine trading. This is a corporate shell being wound up within the InvestCloud group, not a viable business.
Shareholders' funds
£3,522,914
Balance sheet as at 2023-12-29
Overview
- Company type
- Private Limited Company
- Incorporated
- 2008-03-26
- Registered office
- 5th Floor 77 Shaftesbury Avenue, London, England, W1D 5DU
- Postcode
- W1D 5DU
- Capital
- 24,815 GBP
- Accounts category
- Small
Accounts
- Last made up to
- 2023-12-29
- Next due by
- 2025-12-31 Overdue
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-03-26
- Next due by
- 2026-04-09 Overdue
Nature of business (SIC)
- 62012 Business and domestic software development
Officers 2 current · 18 resigned
Group structure
Controlled by Investcloud Inc (04807289) — since 2016-12-21
From persons-with-significant-control filings on the public register.
Previous registered addresses 1
| Address | Changed on |
|---|---|
| BROOM HOUSE 39-43 LONDON ROAD, HADLEIGH, BENFLEET, ESSEX, SS7 2QL | 2017-10-04 |
The class of 2008
39%
of the 1,668 companies in this sector incorporated in 2008 are still active today; 59% have since been dissolved.
A fact about the year, not a forecast for this company.