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Asite Solutions Limited

04040122

active
ltd
england wales
Companies House
Accounts overdue
Health Score
48 / 100

Notable Risks

10/30
Filing
0/30
Financial
38/40
Risk
  • Accounts filing overdue (-15)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

7th Floor Leconfield House, Curzon Street, London, W1J 5JA
Incorporated 20/07/2000

Previously known as

Asite Limited · until 14/01/2002
Project Vasco Limited · until 24/10/2000

Compliance

Last accounts

30/06/2024

full

Next accounts due

30/06/2026

Overdue

Confirmation statement

Last: 20/07/2025

Due 03/08/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Devendra Arjunlal Gera

director · Since 05/04/2004

DEVELOPMENT DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Mrs Nicole Ann Martin

director · Since 10/03/2021

LAWYER

BRITISH · ENGLAND · Age 62

Mr Robert Tchenguiz

director · Since 10/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 1 other board

Mr Sandip Gadhia

secretary · Since 06/06/2022

Devendra Arjunlal Gera

director · Since 05/04/2004

British · England · Age 57

Nicole Ann Martin

director · Since 10/03/2021

British · England · Age 62

Robert Tchenguiz

director · Since 10/03/2021

British · England · Age 65

Sandip Gadhia

secretary · Since 06/06/2022

Former

Swift Incorporations Limited

corporate nominee secretary · Resigned 20/07/2000

Instant Companies Limited

corporate nominee director · Resigned 20/07/2000

Ian Andrew Gardner

secretary · Resigned 04/09/2000

Ian Andrew Gardner

director · Resigned 04/09/2000

Barry Thomas Shaw

director · Resigned 01/12/2000

Charles Henry Woods

secretary · Resigned 01/12/2000

Michael Ensing

director · Resigned 18/07/2001

David John Camp

director · Resigned 18/01/2002

Peter William Rogers

director · Resigned 15/08/2002

Robert Tchenguiz

director · Resigned 15/08/2002

John Leopold Egan

director · Resigned 15/08/2002

Andrew William Lewis Wolstenholme

director · Resigned 15/08/2002

Charles Henry Woods

director · Resigned 09/10/2002

Rajal Patni

director · Resigned 02/01/2003

Mark Richard Sidley

director · Resigned 03/01/2003

Paul Steven Alder

director · Resigned 30/01/2003

Rajal Patni

secretary · Resigned 30/01/2003

Michael Roger Pope

secretary · Resigned 28/02/2003

Alastair John Farquarson Mellon

director · Resigned 08/04/2003

Robert Ensch

director · Resigned 30/10/2003

Charles Henry Woods

secretary · Resigned 13/11/2003

Adrian Charles Backler

director · Resigned 22/10/2004

Brian Sergio Austin

director · Resigned 22/10/2004

Thomas Francis Dengenis

director · Resigned 11/03/2005

Gordon Neville Ashworth

director · Resigned 05/06/2006

Sanjay Amritlal Madhu

director · Resigned 03/04/2007

Amanda Jane Heald

secretary · Resigned 31/10/2007

Gordon Neville Ashworth

secretary · Resigned 09/06/2015

Giles Alexander Robert Thomas

secretary · Resigned 15/04/2016

Tony Patrick Ryan

director · Resigned 02/01/2020

Nathan Roy Doughty

secretary · Resigned 28/02/2020

Anthony Corey Pickworth

director · Resigned 06/06/2022

Anthony Corey Pickworth

secretary · Resigned 06/06/2022

Nathan Roy Doughty

director · Resigned 03/06/2026

Mr Nathan Roy Doughty

director · Resigned 03/06/2026

Persons with Significant Control

Asite Limited

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

7th Floor Leconfield House, Curzon Street, London, W1J 5JA

Reg: 02004015 · England And Wales · Limited Company

Notified 20/07/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 24/06/2025Registered 26/06/2025
Charge
satisfied

ASHGROVE CAPITAL MANAGEMENT LTD. (AS SECURITY AGENT AND TRUSTEE FOR THE BENEFICIARIES)

Created 07/02/2024Registered 09/02/2024Satisfied 29/04/2025
Charge
satisfied

ASHGROVE CAPITAL MANAGEMENT LTD. (AS SECURITY AGENT FOR THE SECURED PARTIES)

Created 07/02/2024Registered 09/02/2024Satisfied 29/04/2025
Charge
satisfied

HSBC UK BANK PLC

Created 18/07/2022Registered 20/07/2022Satisfied 26/01/2024
charge
satisfied

R20 LIMITED

Created 23/09/2005Registered 13/10/2005Satisfied 26/01/2024

Change History

statusactive
2026-07-25

Active

typeltd
2026-07-25

Private Limited Company

address line17th Floor Leconfield House
2026-07-25

7TH FLOOR LECONFIELD HOUSE

post townLondon
2026-07-25

LONDON

officer appointedGADHIA, Sandip
2026-07-25
officer appointedGERA, Devendra Arjunlal
2026-07-25
officer appointedMARTIN, Nicole Ann
2026-07-25
officer appointedTCHENGUIZ, Robert
2026-07-25

CompanyRankvs 27694+ SIC 62012 peers
21

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.53× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceOne filing overdue · 5/15
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.

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 compliance5/15 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

and will continue to be made over the coming months, and the forecasts for the year ended June 2024 show the Company return to positive EBITDA performance. In preparing the forecasts on which the going concern basis has been based, the Directors have considered the existence of a material uncertainty which may cast doubt upon the Company's ability to continue as a going concern. The view of th

Key FinancialsYear ending 30/06/2024

Turnover

£15.5M

Annual revenue

Net Worth

-£6.1M

Balance sheet strength

Cash

£582k

Cash in the bank

Profit Before Tax

-£2.1M

Bottom line earnings

Net Current Assets

-£7.9M

Working capital

Current Assets

£8.9M

Current Liabilities

£16.8M

Fixed Assets

£7.8M

Debtors

£8.3M

Cost of Sales

£2.7M

Gross Profit

£12.8M

Admin Expenses

£6.7M

Operating Profit

-£1.7M

Profit After Tax

-£2.1M

71avg. employees

People Costs

Wages & salaries£3.8M
NI contributions£562k

Balance Sheet

Intangible assets£7.7M
Assets less current liabilities-£130k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20240.53-£2.2M
20230.40

Derived from filed accounts. Not audited figures.