{"name":"BAJ 1 LIMITED","company_number":"05670066","status":"Active","type":"Private Limited Company","incorporated":"2006-01-10","dissolved":null,"registered_office":"7 Merseyway, Stockport, Cheshire, SK1 1PN","postcode":"SK1 1PN","sic_codes":[{"code":41100,"description":"Development of building projects"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":3,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","net_assets":22199708,"cash":546758,"average_employees":3},{"financial_date":"2024-12-31","net_assets":21907469,"cash":849827,"average_employees":3},{"financial_date":"2023-12-31","net_assets":51347564,"cash":29481541,"average_employees":3},{"financial_date":"2022-12-31","net_assets":50263829,"cash":27892235},{"financial_date":"2021-12-31","net_assets":49695046,"cash":20456376}],"officers":{"current":4,"resigned":6,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"BAJ 1 LIMITED presents a conditional credit proposition. The company holds substantial investment property in Germany valued at €25.75M and carries no bank debt, but an unexplained €29.4M decline in net assets between 2023 and 2024 — coupled with a 98% reduction in cash over the same period — raises material concerns about financial stewardship and potential asset extraction. Property valuations rely on directors' estimates rather than independent assessment, and the absence of a filed profit and loss account obscures trading performance. Any credit facility should be contingent upon receiving satisfactory explanations for the inter-year movements, an independent property valuation, and confirmation of the group structure and related-party arrangements.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/baj-1","people":"https://www.companiesintheuk.co.uk/company/baj-1/people","filing_history":"https://www.companiesintheuk.co.uk/company/baj-1/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/05670066","financials":"https://www.companiesintheuk.co.uk/company/baj-1/financial","control":"https://www.companiesintheuk.co.uk/company/baj-1/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/baj-1/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/baj-1"}