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Asbestos Solutions Ltd

09208472

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

14B WOODSIDE INDUSTRIAL ESTATE, EPPING, CM16 6LJ
Incorporated 08/09/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

39000
Remediation activities and other waste management services

Officers

Mr Luke Majid

director · Since 08/05/2019

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 4 other boards

Persons with Significant Control

Mr Luke Majid

75–100% shares

British · England · Age 39

14b, Woodside Industrial Estate, Epping, CM16 6LJ

Notified 01/09/2019

Former PSCs

Mr Ismail Majid

Ceased 01/09/2019

CompanyRankvs 139+ SIC 39000 peers
83

Financial strength87th percentile among SIC peers · 22/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.26× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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139Asbestos Solutions Ltd
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How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£531k

Balance sheet strength

Cash

£364k

Cash in the bank

Net Current Assets

£517k

Working capital

Current Assets

£746k

Current Liabilities

£229k

Fixed Assets

£39k

Debtors

£383k

14avg. employees

Tax at Year End

Corp tax£126k
VAT£30k

Balance Sheet

Assets less current liabilities£556k
Signed by Mr Luke Majid 12/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20243.26-£70k£596k
20232.97+£336k£237k
20222.88+£133k£445k
20211.91—£989k

Derived from filed accounts. Not audited figures.