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Asset Release Limited

08106368

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

10 ST HELENS ROAD, SWANSEA, SA1 4AW
Incorporated 14/06/2012

Compliance

Last accounts

31/12/2023

total exemption full

Next accounts due

31/12/2025

Overdue

Confirmation statement

Last: 14/06/2025

Due 28/06/2026

Overdue

Industry

99999
Dormant company

Officers

Mr Zachary Lee Cogan

director · Since 14/06/2012

FINANCIER

BRITISH · ENGLAND · Age 49

Also on 22 other boards

Mrs Paula Jane Cogan

secretary · Since 19/05/2017

Persons with Significant Control

Mr Zachary Lee Cogan

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 49

Fleming Court, Leigh Road, Southampton, SO50 9PD

Notified 06/04/2016

Mrs Paula Jane Cogan

25–50% shares
25–50% votes

British · England · Age 49

Fleming Court, Leigh Road, Southampton, SO50 9PD

Notified 06/04/2016

Insolvency History1 case

creditors voluntary liquidation24/02/2026

Simon Thomas Barriball (practitioner) · Gareth Bishop (practitioner)

CompanyRankvs 15+ SIC 99999 peers
31

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.17× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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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.

Employees0/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2023

Net Worth

£32

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£246k

Working capital

Current Assets

£1.7M

Current Liabilities

£1.5M

Debtors

£1.7M

2avg. employees

Balance Sheet

Assets less current liabilities£743k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20231.17

Derived from filed accounts. Not audited figures.