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Ask Trading Ltd.

02259266

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

PARK HOUSE 200, ROCHDALE, OL16 1PJ
Incorporated 17/05/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

14190
Manufacture of other wearing apparel and accessories

Officers

Mrs Sarwari Begum

secretary · Since 31/12/1992

BRITISH

Mr Mohammed Tariq Maqsood

director · Since 01/02/2007

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mrs Shazia Tariq

director · Since 01/02/2007

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Mr Ihthshaam Tariq Sheikh

director · Since 23/06/2016

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 3 other boards

Persons with Significant Control

Sheikh Capital Holdings Ltd

75–100% shares

Park House, 200 Drake Street, Rochdale, OL16 1PJ

Reg: 14483538 · Companies House Cardiff · Limited Company

Notified 30/03/2023

Former PSCs

Mrs Shazia Tariq

Ceased 30/03/2023

Charges2 outstanding

charge
outstanding

HSBC BANK PLC

Created 19/08/2008Registered 21/08/2008
charge
outstanding

HABIB BANK LIMITED

Created 01/02/1991Registered 02/02/1991

CompanyRankvs 1440+ SIC 14190 peers
37

Financial strength5th percentile among SIC peers · 1/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.22× · 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 strength1/25 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 31/12/2023

Net Worth

-£80k

Balance sheet strength

Cash

£1

Cash in the bank

Net Current Assets

-£51k

Working capital

Current Assets

£15k

Current Liabilities

£66k

Debtors

£15k

5avg. employees-11

Balance Sheet

Assets less current liabilities-£51k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.22-£34k
20220.50-£136k
20211.65-£119k
20201.96+£162k
20190.69+£209k
20180.32

Derived from filed accounts. Not audited figures.