Back to search

Assetone Wealth System Limited

08824708

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

KIRKPATRICK AND HOPES LTD MERLIN HOUSE, READING, RG7 4AB
Incorporated 23/12/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mrs Carla Michelle Tiong

director · Since 23/12/2013

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 6 other boards

Mr Kheng King Tiong

director · Since 23/12/2013

DIRECTOR

MALAYSIAN · UNITED KINGDOM · Age 67

Also on 3 other boards

Persons with Significant Control

Mr Andy Kheng King Tiong

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

Malaysian · United Kingdom · Age 67

Merlin House, Brunel Road, Reading, RG7 4AB

Notified 06/04/2016

Mrs Carla Michelle Tiong

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

British · England · Age 63

Kirkpatrick And Hopes Ltd, Merlin House, Reading, RG7 4AB

Notified 06/04/2016

CompanyRankvs 44743+ SIC 82990 peers
54

Financial strength59th percentile among SIC peers · 15/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.04× · 12/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1British And Foreign Wharf Company Limited(The)
90
2Cumberland Electrochemical Limited
90
3Haircloth Weaving & Finishing Company Limited
90
4Frank P. Matthews Limited
90
5Morris, Corfield & Co Holdings Ltd
90
6J.Clarke Transport(Lichfield)Limited
90
7New England Stud Farm Limited
90
8G.R.Carr (Essex) Limited
90
9J.Browne Construction Company Limited
90
10Henbrandt Limited
90
44743Assetone Wealth System Limited
64
How is this score calculated?
Financial strength15/25 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.

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.

Longevity12/15 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

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 31/08/2024

Net Worth

£5k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£103k

Current Liabilities

£100k

Fixed Assets

£14

Debtors

£109k

2avg. employees

Balance Sheet

Assets less current liabilities£4k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.04-£33k
20230.41+£140k
2022—+£38k
20210.11-£72k
20200.30-£55k
20190.90-£4k
20180.89—

Derived from filed accounts. Not audited figures.