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Direct Asset Finance Limited

06456740

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

11 LAURA PLACE, BATH, BA2 4BL
Incorporated 19/12/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66190
Other activities auxiliary to financial services

Officers

Mr Simon John Knowler

secretary · Since 01/04/2009

DIRECTOR

ENGLISH · UNITED KINGDOM · Age 52

Also on 2 other boards

Mr Simon John Knowler

director · Since 01/04/2009

DIRECTOR

ENGLISH · ENGLAND · Age 52

Also on 2 other boards

Persons with Significant Control

Mr Simon John Knowler

75–100% shares

English · England · Age 52

First Floor, Suite 4, Bredon House, Almondsbury Business Centre, Bradley Stoke, BS32 4QH

Notified 06/04/2016

Former PSCs

Mr Neil James Smith

Ceased 24/10/2019

CompanyRankvs 4065+ SIC 66190 peers
49

Financial strength4th percentile among SIC peers · 1/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 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 compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£58k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£43k

Working capital

Current Assets

£62k

Current Liabilities

£105k

Fixed Assets

£4k

3avg. employees+1

Balance Sheet

Assets less current liabilities-£39k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.59+£28k
20230.48-£3k
20220.38+£3k
20211.01-£46k
20200.43+£7k
20190.38

Derived from filed accounts. Not audited figures.