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Naas Corporation Limited

03559881

active
Private Limited Company
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

5-6 EDWARDS CENTRE, HINCKLEY, LE10 0BB
Incorporated 08/05/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

35300
Steam and air conditioning supply
46690
Wholesale of other machinery and equipment
46760
Wholesale of other intermediate products
46900
Non-specialised wholesale trade

Officers

Mr Bharat Kumar Ratilal Patel

director · Since 08/05/1998

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 10 other boards

Mr Alan Melvin Heggs

secretary · Since 20/05/1999

BRITISH · UNITED KINGDOM · Age 63

Also on 20 other boards

Persons with Significant Control

Mr Bharat Kumar Ratilal Patel

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 65

5-6 Edwards Centre, Regent Street, Hinckley, LE10 0BB

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

HSBC BANK PLC

Created 13/01/2014Registered 15/01/2014Satisfied 22/02/2018
charge
satisfied

SYNERGY IN TRADE LIMITED

Created 15/01/2013Registered 17/01/2013Satisfied 02/06/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/03/2011Registered 25/03/2011Satisfied 15/10/2016

CompanyRankvs 85+ SIC 35300 peers
81

Financial strength74th percentile among SIC peers · 19/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 7.64× · 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 strength19/25 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 31/05/2024

Net Worth

£71k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£290k

Working capital

Current Assets

£334k

Current Liabilities

£44k

Fixed Assets

£5k

4avg. employees

Balance Sheet

Assets less current liabilities£295k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20247.64-£4k
20233.68-£21k
20224.95+£7k
20214.96+£5k
20203.70+£2k
20192.17+£12k
20182.58

Derived from filed accounts. Not audited figures.