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New Cult Associates Limited

01804173

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

10 BOWLING GREEN WAY, ROCHDALE, OL11 5QQ
Incorporated 29/03/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Munib Ahmed

secretary · Since 31/08/1990

CLOTHING WHOLESALER & RETAILER

BRITISH · ENGLAND · Age 66

Also on 21 other boards

Mr Munib Ahmed

director · Since 31/08/1990

CLOTHING WHOLESALER & RETAILER

BRITISH · ENGLAND · Age 66

Also on 21 other boards

Mrs Azra Bhanu Ahmed

secretary · Since 01/02/2007

SUPERVISOR

BRITISH · UNITED KINGDOM · Age 64

Also on 3 other boards

Persons with Significant Control

Mr Munib Ahmed

25–50% shares
25–50% votes
Appoint directors
significant-influence-or-control-as-firm

British · England · Age 66

10, Bowling Green Way, Rochdale, OL11 5QQ

Notified 01/06/2016

Mr Yusuf Islam Ahmed

25–50% shares
25–50% votes
Appoint directors

British · England · Age 31

10, Bowling Green Way, Rochdale, OL11 5QQ

Notified 06/04/2025

Charges4 outstanding

charge
outstanding

HSBC BANK PLC

Created 31/07/2008Registered 07/08/2008
charge
outstanding

HSBC BANK PLC

Created 27/05/2003Registered 04/06/2003
charge
outstanding

HSBC BANK PLC

Created 22/05/2003Registered 23/05/2003
charge
outstanding

HSBC BANK PLC

Created 08/05/2003Registered 09/05/2003
charge
satisfied

PEARL ASSURANCE PUBLIC LIMITED COMPANY

Created 16/12/1994Registered 17/12/1994Satisfied 04/03/2010
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/11/1993Registered 26/11/1993Satisfied 04/03/2010
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/08/1990Registered 09/08/1990Satisfied 04/03/2010
charge
satisfied

MIDLAND BANK PLC

Created 16/06/1986Registered 20/06/1986Satisfied 27/08/1991

CompanyRankvs 29797+ SIC 68209 peers
60

Financial strength97th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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29797New Cult Associates Limited
70
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£2.7M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£1.1M

Working capital

Current Assets

£104k

Current Liabilities

£1.2M

Fixed Assets

£3.9M

3avg. employees

Balance Sheet

Assets less current liabilities£2.7M
Signed by 01804173 2024-04-01 2025-03-31 01804173 2025-03-31 01804173 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.08+£333k
20240.06+£325k
20230.10+£261k
20220.21+£189k
20210.09+£138k
20200.02+£105k
20190.01—

Derived from filed accounts. Not audited figures.