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Kingsway Asset Co Limited

09212852

active
Private Limited Company
england wales
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

C/O ALTER DOMUS (UK) LIMITED 10TH FLOOR, LONDON, EC3A 8BF
Incorporated 10/09/2014

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 09/01/2026

Due 23/01/2027

On track

Industry

64209
Activities of other holding companies

Officers

Alter Domus (Uk) Limited

secretary · Since 23/02/2024

Also on 538 other boards

Mr Timothy Luke Trott

director · Since 23/02/2024

DIRECTOR AT ALTER DOMUS (UK) LIMITED

BRITISH · UNITED KINGDOM · Age 45

Also on 107 other boards

Mr Christo Dimitrov Zlatarev

director · Since 07/08/2024

FUND MANAGEMENT

BRITISH · UNITED KINGDOM · Age 50

Also on 8 other boards

Mr Lawrence Neil Penfold

director · Since 01/09/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 19 other boards

Persons with Significant Control

Kingsway Mezz Co Limited

75–100% shares
75–100% votes
Appoint directors

C/O Alter Domus (Uk) Limited, 10th Floor, London, EC3A 8BF

Reg: 09211988 · Companies House · Limited By Shares

Notified 22/08/2025

Former PSCs

Mr Paul Andrew Baudet

Ceased 06/02/2024

Kingsway Senior Hold Co Limited

Ceased 22/08/2025

Charges3 outstanding

Charge
outstanding

CBRE LOAN SERVICES LIMITED (THE "SECURITY AGENT")

Created 22/08/2025Registered 28/08/2025
Charge
satisfied

ICG REAL ESTATE DEBT INVESTMENTS S.À R.L. ACTING IN RESPECT OF ITS COMPARTMENT COMPARTMENT 1 AC

Created 19/03/2022Registered 29/03/2022Satisfied 10/04/2025
Charge
satisfied

ICG REAL ESTATE DEBT INVESTMENTS S.À R.L. ACTING IN RESPECT OF ITS COMPARTMENT COMPARTMENT 1 AC

Created 19/03/2022Registered 29/03/2022Satisfied 10/04/2025
Charge
outstanding

BANK LEUMI (UK) PLC (THE "LENDER")

Created 30/09/2020Registered 01/10/2020
Charge
outstanding

BANK LEUMI (UK) PLC

Created 23/12/2019Registered 31/12/2019
Charge
satisfied

SANNE FIDUCIARY SERVICES LIMITED ACTING IN ITS CAPACITY AS SECURITY AGENT FOR THE FINANCE PARTI

Created 09/10/2014Registered 17/10/2014Satisfied 03/01/2020

CompanyRankvs 48748+ SIC 64209 peers
10

Financial strength0th percentile among SIC peers · 0/25
Employees18th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -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.

Employees3/15 pts

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

Liquidity0/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/03/2023

Net Worth

-£16.3M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£1.8M

Bottom line earnings

Net Current Assets

-£65.7M

Working capital

Current Assets

Current Liabilities

£131.5M

Debtors

£65.8M

Admin Expenses

£6k

Operating Profit

-£6k

Profit After Tax

-£1.8M

0avg. employees

Balance Sheet

Assets less current liabilities-£16.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2023-£1.8M
20210.46
20200.45
20190.73

Derived from filed accounts. Not audited figures.