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Ace Sportswear Limited

02135818

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

57 NEW WALK, LEICESTER, LE1 7JB
Incorporated 29/05/1987

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 01/04/2025

Due 15/04/2026

Overdue

Industry

14190
Manufacture of other wearing apparel and accessories

Officers

Mr Harbhajan Singh

director · Since 20/02/2006

DIRECTOR

MALAYSIAN · ENGLAND · Age 60

Mrs Goldie Mann

secretary · Since 21/01/2010

Persons with Significant Control

Mr Harbhajan Singh Mann

Significant control

Malaysian · England · Age 60

Sharman Fielding House, The Oval, Leicester, LE1 7EA

Notified 06/04/2016

Charges1 outstanding

charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED

Created 02/03/2006Registered 04/03/2006Satisfied 07/03/2008
charge
outstanding

LLOYDS TSB BANK PLC

Created 18/12/2002Registered 31/12/2002

CompanyRankvs 2179+ SIC 14190 peers
28

Financial strength8th percentile among SIC peers · 2/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees4/15 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 30/09/2024

Net Worth

-£44k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£44k

Working capital

Current Assets

£2k

Current Liabilities

£46k

Fixed Assets

£2

0avg. employees

Balance Sheet

Assets less current liabilities-£44k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£317
20230.03-£188
20220.03-£312
20210.03+£0
20200.03+£0
20190.03+£0
20180.03

Derived from filed accounts. Not audited figures.