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Asett Homes Ltd

09278078

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

THE SETT LODGE LANE, LOWESTOFT, NR32 5ED
Incorporated 23/10/2014

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 23/10/2025

Due 06/11/2026

On track

Industry

68201
Renting and operating of Housing Association real estate

Officers

Mr Martin James Richard Aust B Sc Hons Dms Mcih Mrics

director · Since 06/09/2016

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Mr Timothy Patrick Barrett

director · Since 06/09/2016

DIRECTOR

ENGLISH · ENGLAND · Age 84

Also on 5 other boards

Mr Peter Murray Kirk

director · Since 06/09/2016

DIRECTOR

ENGLISH · ENGLAND · Age 66

Also on 6 other boards

Mr Elliott Charles George

director · Since 11/11/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 29

Also on 2 other boards

Persons with Significant Control

Badger Building (E. Anglia) Limited

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

The Sett, Lodge Lane, Lowestoft, NR32 5ED

Reg: 02407008 · England And Wales · Private Limited Company

Notified 06/04/2016

CompanyRankvs 102660+ SIC 68201 peers
32

Financial strength40th percentile among SIC peers · 10/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.15× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength10/25 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.

Liquidity2/20 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

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 31/03/2021

Turnover

£208k

Annual revenue

Net Worth

£100

Balance sheet strength

Cash

£73k

Cash in the bank

Profit Before Tax

£66k

Bottom line earnings

Net Current Assets

-£428k

Working capital

Current Assets

£76k

Current Liabilities

£504k

Fixed Assets

£572k

Debtors

£3k

Cost of Sales

£99k

Gross Profit

£109k

Admin Expenses

£22k

Operating Profit

£86k

Profit After Tax

£50k

0avg. employees

Tax at Year End

Corp tax£46k

Balance Sheet

Interest payable£21k
Assets less current liabilities£144k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20210.15

Derived from filed accounts. Not audited figures.