123 Constructions Limited
08832265
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/04/2020
DIRECTOR
PAKISTANI · UNITED KINGDOM · Age 36
Also on 3 other boards
Persons with Significant Control
Mr Asim Abbas
Pakistani · United Kingdom · Age 36
14, Delamere Street, Manchester, M11 1JY
Notified 01/04/2020
Former PSCs
Mr Nasir Saeed Sandhu
Ceased 01/04/2020
CompanyRankvs 22674+ SIC 43290 peers36
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2025
Net Worth
-£1k
Balance sheet strength
Cash
£380
Cash in the bank
Net Current Assets
-£2k
Working capital
Current Assets
£2k
Current Liabilities
£4k
Fixed Assets
£248
Debtors
£2k
Director Loans(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.56 | -£93 |
| 2024 | 0.05 | -£41 |
| 2023 | 3.57 | — |
| 2020 | 0.58 | — |
Derived from filed accounts. Not audited figures.