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Ashfield Specialist Care Limited

05352261

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

CHAPEL HOUSE 65 THE HILL, NOTTINGHAM, NG17 8JS
Incorporated 03/02/2005

Compliance

Last accounts

31/08/2024

full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 06/03/2026

Due 20/03/2027

On track

Industry

87100
Residential nursing care facilities

Officers

Mr Heeren Rao Mahadoo

director · Since 01/04/2017

MANAGER

BRITISH · UNITED KINGDOM · Age 50

Also on 5 other boards

Persons with Significant Control

Asha Healthcare Limited

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

Chapel House, 65 The Hill, Kirkby In Ashfield, NG17 8JR

Reg: 06946488 · England & Wales · Private Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/12/2023Registered 02/01/2024
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/12/2023Registered 02/01/2024
charge
satisfied

BARCLAYS BANK PLC

Created 01/04/2011Registered 13/04/2011Satisfied 12/09/2024
charge
satisfied

BARCLAYS BANK PLC

Created 01/04/2011Registered 05/04/2011Satisfied 12/09/2024
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 07/06/2005Registered 11/06/2005Satisfied 15/08/2012
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 07/06/2005Registered 11/06/2005Satisfied 15/08/2012
charge
satisfied

LLOYDS TSB BANK PLC

Created 18/03/2005Registered 02/04/2005Satisfied 03/01/2008

CompanyRankvs 515+ SIC 87100 peers
62

Financial strength93th percentile among SIC peers · 23/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.84× · 16/20
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 strength23/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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

fall due and the Directors have therefore concluded that the impact of the coronavirus does not create a material uncertainty, and it is appropriate for the financial statements to be prepared on the going concern basis. 1.3 Turnover Turnover represents the total fees charged to residents during the financial year. 1.4 Tangible fixed assets Tangible fixed assets are initially measured at cost and

Key FinancialsYear ending 31/08/2023

Net Worth

£2.1M

Balance sheet strength

Cash

£373k

Cash in the bank

Net Current Assets

£942k

Working capital

Current Assets

£2.1M

Current Liabilities

£1.1M

Fixed Assets

£1.1M

Debtors

£1.7M

40avg. employees+1

Tax at Year End

Corp tax£195k

Balance Sheet

Assets less current liabilities£2.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20231.84+£705k
20221.15+£467k
20210.75+£275k
20200.35-£26k
20190.39-£22k
20180.38

Derived from filed accounts. Not audited figures.