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Pad Ascot Ltd

07065355

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

20 GREENHILL CRESCENT, WATFORD, WD18 8JA
Incorporated 03/11/2009

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

27/12/2026

On track

Confirmation statement

Last: 03/11/2025

Due 17/11/2026

On track

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68320
Management of real estate on a fee or contract basis
71112
Urban planning and landscape architectural activities

Officers

Leslie Krendel

secretary · Since 03/11/2009

Mr Michael Jonathan Keats

director · Since 03/11/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 51 other boards

Mr Adam Joseph Keats

director · Since 10/09/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 9 other boards

Persons with Significant Control

Mr Michael Jonathan Keats

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

British · United Kingdom · Age 69

58, Acacia Road, London, NW8 6AG

Notified 06/04/2016

CompanyRankvs 49723+ SIC 41100 peers
42

Financial strength1th percentile among SIC peers · 0/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.03× · 2/20
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 strength0/25 pts

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

Employees10/15 pts

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

Liquidity2/20 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 31/03/2025

Net Worth

-£834k

Balance sheet strength

Cash

£114

Cash in the bank

Net Current Assets

-£6.3M

Working capital

Current Assets

£169k

Current Liabilities

£6.5M

Debtors

£169k

2avg. employees

Tax at Year End

Corp tax£13k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03-£143k
20240.01+£131k
2023-£130k
20220.00-£698k
20210.03

Derived from filed accounts. Not audited figures.