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Bassi Fashions Limited

02674717

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

DUKE HOUSE NORTHERN COURT, NOTTINGHAMSHIRE, NG6 0BJ
Incorporated 31/12/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46420
Wholesale of clothing and footwear

Officers

Mr Avinash Bassi

director · Since 31/12/1991

RETAILER & WHOLESALES

BRITISH · ENGLAND · Age 66

Also on 13 other boards

Mr Subhash Kumar Bassi

director · Since 09/01/2003

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Mr Avinash Bassi

secretary · Since 21/02/2006

RETAILER & WHOLESALES

BRITISH · ENGLAND · Age 66

Also on 13 other boards

Persons with Significant Control

Bassi Fashions Holdings Limited

75–100% shares
75–100% votes

First Floor, One Colton Square, Leicester, LE1 1QH

Reg: 15589044 · Companies House · Private Company Limited By Shares

Notified 31/05/2024

Former PSCs

Bassi Group (Nottingham) Limited

Ceased 31/05/2024

Bassi Properties Holdings Limited

Ceased 31/05/2024

Charges1 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/11/2010Registered 04/11/2010Satisfied 18/12/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/12/2003Registered 16/12/2003Satisfied 08/12/2023
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/11/1994Registered 23/11/1994

CompanyRankvs 651+ SIC 46420 peers
69

Financial strength99th percentile among SIC peers · 25/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 9.32× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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651Bassi Fashions Limited
79
How is this score calculated?
Financial strength25/25 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.

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.

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 31/07/2025

Net Worth

£5.0M

Balance sheet strength

Cash

£3.3M

Cash in the bank

Net Current Assets

£5.0M

Working capital

Current Assets

£5.6M

Current Liabilities

£603k

Fixed Assets

£23k

Debtors

£892k

0avg. employees-14

Tax at Year End

Corp tax£293k

Balance Sheet

Intangible assets£1k
Assets less current liabilities£5.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20259.32+£1.2M
20248.29+£703k
20236.21-£19.2M
202247.08+£929k
202143.78+£1.3M
202048.84+£975k
201935.69+£2.6M
201748.95—

Derived from filed accounts. Not audited figures.