Assetone Wealth System Limited
08824708
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/08/2025
total exemption full
Next accounts due
31/05/2027
Confirmation statement
Last: 17/10/2025
Due 31/10/2026
Industry
Officers
director · Since 23/12/2013
DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 6 other boards
director · Since 23/12/2013
DIRECTOR
MALAYSIAN · UNITED KINGDOM · Age 68
Also on 3 other boards
Persons with Significant Control
Mr Andy Kheng King Tiong
Malaysian · United Kingdom · Age 68
Merlin House, Brunel Road, Reading, RG7 4AB
Notified 06/04/2016
Mr Kheng King Tiong
Malaysian · United Kingdom · Age 68
Merlin House, Brunel Road, Reading, RG7 4AB
Notified 06/04/2016
Mrs Carla Michelle Tiong
British · England · Age 64
Kirkpatrick And Hopes Ltd, Merlin House, Reading, RG7 4AB
Notified 06/04/2016
CompanyRankvs 57217+ SIC 82990 peers54
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
cast significant doubt about the ability of the company to continue as a going concern. Turnover Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Taxation Taxation for the year comprises current and deferre
Key FinancialsYear ending 31/08/2025
Net Worth
£69k
Balance sheet strength
Cash
£25k
Cash in the bank
Net Current Assets
£62k
Working capital
Current Assets
£68k
Current Liabilities
£130k
Fixed Assets
£14
Debtors
£93k
Profit After Tax
£33k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.52 | +£64k | £106k |
| 2024 | 1.04 | -£33k | — |
| 2023 | 0.41 | — | — |
Derived from filed accounts. Not audited figures.