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Asset & Commercial Finance Limited

02552785

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 3 AMBROSE HOUSE, GLOUCESTER,, GL4 3GG
Incorporated 29/10/1990

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 29/10/2025

Due 12/11/2026

On track

Industry

64999
Other financial service activities

Officers

Michael Wayne Rees

director · Since 01/05/1993

FINANCE BROKER

BRITISH · UNITED KINGDOM · Age 70

Also on 9 other boards

Charles Hosegood

director · Since 01/11/1995

FINANCE BROKER

BRITISH · ENGLAND · Age 68

Michael Wayne Rees

secretary · Since 19/08/1998

BRITISH · UNITED KINGDOM · Age 70

Also on 9 other boards

Persons with Significant Control

Charles Hosegood

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

British · England · Age 68

Unit 3 Ambrose House, Meteor Court, Barnett Way, Barnwood, Gloucester,, GL4 3GG

Notified 06/04/2016

Michael Wayne Rees

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 70

Unit 3 Ambrose House, Meteor Court, Barnett Way, Barnwood, Gloucester,, GL4 3GG

Notified 06/04/2016

CompanyRankvs 13753+ SIC 64999 peers
49

Financial strength11th percentile among SIC peers · 3/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.57× · 6/20
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 strength3/25 pts

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

Employees10/15 pts

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

Liquidity6/20 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 31/10/2025

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£3k

Current Liabilities

£5k

Fixed Assets

£1

2avg. employees

Balance Sheet

Assets less current liabilities-£2k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.57-£6k
20240.77-£6k
20230.61

Derived from filed accounts. Not audited figures.