Basit Knitwear Limited
06575531
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/08/2025
total exemption full
Next accounts due
31/05/2027
Confirmation statement
Last: 26/06/2025
Due 10/07/2026
Industry
Officers
Persons with Significant Control
Mr Shahbaz Aslam
British · England · Age 53
2nd Floor, Unit 3, Appolo Business Park, Manchester, M12 6AW
Notified 12/08/2018
Mr Muhammad Sajjad Aslam
Pakistani · England · Age 39
2nd Floor, Unit 3, Appolo Business Park, Manchester, M12 6AW
Notified 25/06/2020
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 52+ SIC 13910 peers61
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/08/2025
Net Worth
£39k
Balance sheet strength
Cash
£61k
Cash in the bank
Net Current Assets
-£122k
Working capital
Current Assets
£1.2M
Current Liabilities
£1.4M
Fixed Assets
£162k
Debtors
£279k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.91 | +£37k |
| 2024 | 0.98 | -£14k |
| 2023 | 0.99 | — |
Derived from filed accounts. Not audited figures.