Bassett Electronic Systems Limited
02064751
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/03/1991
SECRETARY
BRITISH · ENGLAND · Age 70
Also on 11 other boards
director · Since 31/03/1991
ELECTRONIC ENGINEER
BRITISH · ENGLAND · Age 71
Also on 2 other boards
Persons with Significant Control
Bassett Holdings Limited
Old Station House, Station Approach, Swindon, SN1 3DU
Notified 06/04/2016
Charges2 outstanding
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CompanyRankvs 685+ SIC 26110 peers29
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp
Key FinancialsYear ending 31/03/2025
Net Worth
£685
Balance sheet strength
Cash
£443k
Cash in the bank
Net Current Assets
-£95k
Working capital
Current Assets
£1.5M
Current Liabilities
£1.6M
Fixed Assets
£101k
Debtors
£373k
Tax at Year End(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.94 | — |
| 2024 | 0.89 | +£268k |
| 2023 | 0.80 | -£145k |
| 2022 | 0.83 | -£67k |
| 2021 | 0.76 | — |
Derived from filed accounts. Not audited figures.