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Chasmic Limited

04395015

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 3 JUBILEE COURT, FFORESTFACH, SA5 4HB
Incorporated 14/03/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate
77390
Renting and leasing of other machinery, equipment and tangible goods

Officers

Mr Edward Howard Richards

secretary · Since 23/05/2002

CO DIRECTOR

UNITED KINGDOM · WALES · Age 86

Also on 23 other boards

Mr Edward Howard Richards

director · Since 23/05/2002

CO DIRECTOR

UNITED KINGDOM · WALES · Age 86

Also on 23 other boards

Mr Paul Edward Richards

director · Since 23/05/2002

CO DIRECTOR

BRITISH · WALES · Age 63

Also on 11 other boards

Persons with Significant Control

Mr Edward Howard Richards

50–75% shares

United Kingdom · Wales · Age 86

Unit 3 Jubilee Court, Fforestfach, SA5 4HB

Notified 01/03/2017

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 19/06/2007Registered 22/06/2007
charge
outstanding

BARCLAYS BANK PLC

Created 15/02/2006Registered 16/02/2006

CompanyRankvs 204920+ SIC 68209 peers
26

Financial strength14th percentile among SIC peers · 4/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength4/25 pts

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

Employees0/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£10k

Balance sheet strength

Cash

£46k

Cash in the bank

Net Current Assets

-£422k

Working capital

Current Assets

£46k

Current Liabilities

£467k

Fixed Assets

£412k

Director Loans

Company owes directors£66k

Balance Sheet

Assets less current liabilities-£10k
Signed by Mr P E Richards 19/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.10+£3k
20240.08-£9k
20230.07-£13k
20220.08-£12k
20210.16

Derived from filed accounts. Not audited figures.