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Passion Knitwear Limited

02284901

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

2 Dark Lane, Ardwick, Manchester, M12 6FA
Incorporated 05/08/1988

Compliance

Last accounts

31/10/2024

unaudited abridged

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 11/11/2025

Due 25/11/2026

On track

Industry

14310
Manufacture of knitted and crocheted hosiery
24410
Precious metals production

Officers

Mr Bashir Ahmed Majid

director · Since 31/01/1991

SALES DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 3 other boards

Mr Abdul Rashid

director · Since 31/01/1991

PRODUCTION MANAGER

BRITISH · ENGLAND · Age 68

Also on 3 other boards

Mussarat Rashid

secretary · Since 01/02/1996

BRITISH

Also on 1 other board

Abdul Rashid

director

British · England · Age 68

Bashir Ahmed Majid

director

British · England · Age 59

Mussarat Rashid

secretary · Since 01/02/1996

British

Former

Abdul Rashid

secretary · Resigned 31/01/1997

Persons with Significant Control

Mr Bashir Ahmed Majid

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

British · England · Age 59

The Grange, Grange Avenue, Manchester, M19 2EY

Notified 09/04/2016

Change History

statusactive
2026-08-11

Active

typeltd
2026-08-11

Private Limited Company

address line12 Dark Lane
2026-08-11

2 DARK LANE

post townManchester
2026-08-11

MANCHESTER

officer appointedRASHID, Mussarat
2026-08-11
officer appointedMAJID, Bashir Ahmed
2026-08-11
officer appointedRASHID, Abdul
2026-08-11

CompanyRankvs 15+ SIC 14310 peers
86

Financial strength96th percentile among SIC peers · 24/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 6.96× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees12/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£1.7M

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£1.8M

Current Liabilities

£265k

Fixed Assets

£165k

Debtors

£1.8M

10avg. employees-2

Balance Sheet

Intangible assets£0
Assets less current liabilities£1.7M
Signed by 2023-11-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20246.96-£2k
20235.73

Derived from filed accounts. Not audited figures.