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Ashik Shah & Co Limited

04551353

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

33 FOLEY STREET, LONDON, W1W 7TL
Incorporated 02/10/2002

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 21/03/2026

Due 04/04/2027

On track

Industry

66300
Fund management activities

Officers

Mrs Atula Milan Shah

secretary · Since 02/10/2002

COMPANY SECRETARY

BRITISH · Age 70

Also on 5 other boards

Mr. Ashik Arunkant Shah

director · Since 02/10/2002

DIRECTOR

BRITISH · ENGLAND · Age 56

Mr Vinod Pragji Gordhan Vaghadia

director · Since 16/12/2002

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 18 other boards

Mr. Raj Milan Shah

director · Since 17/12/2019

INVESTMENT ANALYST

BRITISH · UNITED KINGDOM · Age 44

Mr. Neal Nitin Kalidas Shah

director · Since 19/12/2019

INVESTMENT ANALYST

BRITISH · UNITED KINGDOM · Age 48

Persons with Significant Control

Mr. Ashik Arunkant Shah

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

British · England · Age 56

33, Foley Street, London, W1W 7TL

Notified 06/04/2016

CompanyRankvs 28+ SIC 66300 peers
77

Financial strength90th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.26× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

its income will not fully cover the firm’s overheads after any practicable reductions. The firm would start to make losses under this scenario which would threaten its ability to continue as a going concern, as indeed occurred in the wake of the 2008 subprime mortgage crisis. Ashik Shah, the firm’s principal shareholder, has indicated to the board his willingness to support the firm should s

Key FinancialsYear ending 31/12/2024

Turnover

£1.5M

Annual revenue

Net Worth

£1.2M

Balance sheet strength

Cash

£1.6M

Cash in the bank

Profit Before Tax

£522k

Bottom line earnings

Net Current Assets

£1.2M

Working capital

Current Assets

£1.7M

Current Liabilities

£536k

Fixed Assets

£928

Debtors

£118k

Admin Expenses

£1.1M

Operating Profit

£490k

Profit After Tax

£395k

5avg. employees

Tax at Year End

Corp tax£130k

People Costs

Wages & salaries£545k
NI contributions£67k

Balance Sheet

Assets less current liabilities£1.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20243.26

Derived from filed accounts. Not audited figures.