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Ask Plastics Ltd

09451156

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

TAGUS HOUSE, SOUTHAMPTON, SO14 3TJ
Incorporated 20/02/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Mr Anaik Singh Kooner

director · Since 20/02/2015

ENTREPRENEUR

BRITISH · ENGLAND · Age 34

Also on 3 other boards

Persons with Significant Control

Ask Group Holdings Limited

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

Tagus House, 9 Ocean Way, Southampton, SO14 3TJ

Reg: 15639252 · England · Ltd

Notified 05/07/2024

Former PSCs

Mr Anaik Singh Kooner

Ceased 05/07/2024

Charges1 outstanding

Charge
satisfied

CAPIFY UK LLC

Created 25/07/2024Registered 08/08/2024Satisfied 13/02/2025
Charge
outstanding

ULTIMATE FINANCE LIMITED

Created 02/08/2019Registered 05/08/2019
Charge
satisfied

SCOTTISH PACIFIC TRADE LIMITED

Created 17/08/2016Registered 19/08/2016Satisfied 13/01/2017
Charge
satisfied

ANAIK SINGH KOONER

Created 12/05/2016Registered 25/05/2016Satisfied 10/06/2019
Charge
satisfied

PULSE CASHFLOW FINANCE 2 LTD

Created 11/08/2015Registered 12/08/2015Satisfied 23/09/2019
Charge
satisfied

FIVE ARROWS BUSINESS FINANCE PLC

Created 01/04/2015Registered 08/04/2015Satisfied 29/08/2015

CompanyRankvs 781+ SIC 22290 peers
54

Financial strength89th percentile among SIC peers · 22/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.2× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial 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.

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.

Longevity11/15 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

Key FinancialsYear ending 31/12/2024

Net Worth

£1.8M

Balance sheet strength

Cash

£1k

Cash in the bank

Profit Before Tax

-£409k

Bottom line earnings

Net Current Assets

£1.2M

Working capital

Current Assets

£7.0M

Current Liabilities

£5.8M

Fixed Assets

£2.1M

Debtors

£5.2M

Cost of Sales

£9.5M

Admin Expenses

£3.8M

Profit After Tax

-£367k

35avg. employees+1

Tax at Year End

Corp tax£51k
Dividends paid£24k

People Costs

Wages & salaries£1.0M

Balance Sheet

Intangible assets£1
Bank loans & overdrafts£267k
Assets less current liabilities£3.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.20-£390k
20231.29+£293k
20221.26+£231k
20221.30+£313k
20211.11+£271k
20201.04+£280k
20191.12

Derived from filed accounts. Not audited figures.