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Tier 1 Asset Management Limited

03708416

active
Private Limited Company
england wales
Companies House
Health Score
60 / 100

Some Concerns

30/30
Filing
0/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

59 STANLEY ROAD, MANCHESTER, M45 8GZ
Incorporated 04/02/1999

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 09/06/2025

Due 23/06/2026

On track

Industry

47910
Retail sale via mail order houses or via Internet
62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mr Jonathan David Rose

director · Since 04/02/1999

CONSULTANT

BRITISH · ENGLAND · Age 60

Also on 11 other boards

Mr Edward Chandler

director · Since 17/02/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 4 other boards

Persons with Significant Control

Renaissance Bidco Limited

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

59, Stanley Road, Manchester, M45 8GZ

Reg: 13686319 · Companies House · Private Company Limited By Shares

Notified 05/11/2021

Former PSCs

Mr Jonathan David Rose

Ceased 05/11/2021

Mrs Claudia Alicia Rose

Ceased 05/11/2021

Mr Jonathan Anthony Basso

Ceased 05/11/2021

Charges5 outstanding

Charge
outstanding

BRIDGES FUND MANAGEMENT LIMITED (AS SECURITY TRUSTEE)

Created 27/03/2026Registered 27/03/2026
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC (AS SECURITY TRUSTEE) FOR THE SECURED PARTIES

Created 30/03/2023Registered 06/04/2023Satisfied 16/04/2026
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/10/2022Registered 13/10/2022Satisfied 16/04/2026
Charge
outstanding

BRIDGES FUND MANAGEMENT LIMITED (AS SECURITY TRUSTEE)

Created 28/04/2022Registered 09/05/2022
Charge
outstanding

BRIDGES FUND MANAGEMENT LIMITED (AS SECURITY TRUSTEE)

Created 28/04/2022Registered 09/05/2022
Charge
outstanding

BRIDGES FUND MANAGEMENT LIMITED (AS SECURITY TRUSTEE)

Created 28/04/2022Registered 09/05/2022
Charge
outstanding

BRIDGES FUND MANAGEMENT LIMITED (AS SECURITY TRUSTEE)

Created 05/11/2021Registered 25/11/2021
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/04/2002Registered 16/05/2002Satisfied 23/07/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/04/1999Registered 05/05/1999Satisfied 30/08/2003
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/04/1999Registered 30/04/1999Satisfied 18/06/2021

CompanyRankvs 34238+ SIC 47910 peers
27

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.46× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

parent Company Renaissance Topco Limited has committed a further £0.5m for working capital purposes if needed. The directors consider that the Group has sufficient working capital to continue as a going concern. 2. Consideration has also been given to the potential impact primarily on cash flows from principal risks and the Board have concluded that these do not threaten the Group's ability to

Key FinancialsYear ending 31/03/2025

Turnover

£14.7M

Annual revenue

Net Worth

-£3.6M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Profit Before Tax

-£1.1M

Bottom line earnings

Net Current Assets

-£4.8M

Working capital

Current Assets

£4.1M

Current Liabilities

£8.9M

Fixed Assets

£1.3M

Debtors

£2.6M

Cost of Sales

£6.9M

Gross Profit

£7.7M

Admin Expenses

£7.3M

Operating Profit

-£1.1M

Profit After Tax

-£1.1M

89avg. employees

Tax at Year End

Dividends paid-£5k

Director Loans(2022)

Directors owe company£34k

People Costs

Wages & salaries£3.5M
NI contributions£426k

Balance Sheet

Intangible assets£407k
Assets less current liabilities-£3.6M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.46+£0
20250.46-£1.1M
20240.51-£5.7M
20231.49-£686k
20222.30

Derived from filed accounts. Not audited figures.