Basit Knitwear Limited
06575531
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Shahbaz Aslam
British · England · Age 52
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 76+ SIC 13910 peers55
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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 31/08/2024
Net Worth
£3k
Balance sheet strength
Cash
£93k
Cash in the bank
Net Current Assets
-£19k
Working capital
Current Assets
£838k
Current Liabilities
£857k
Fixed Assets
£22k
Debtors
£241k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.98 | -£14k |
| 2023 | 0.99 | -£26k |
| 2022 | 1.05 | -£29k |
| 2021 | 0.86 | +£21k |
| 2020 | 0.79 | +£309 |
| 2019 | 0.78 | +£7k |
| 2018 | 0.85 | — |
Derived from filed accounts. Not audited figures.