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Ashmit Engineering Limited

09572438

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 01/05/2015

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 01/05/2026

Due 15/05/2027

On track

Industry

26512
Manufacture of electronic industrial process control equipment
28990
Manufacture of other special-purpose machinery
46190
Agents involved in the sale of a variety of goods
62090
Other information technology service activities

Officers

Sumit Verma

director · Since 01/05/2015

DIRECTOR

INDIAN · ENGLAND · Age 44

Persons with Significant Control

Mr Sumit Verma

25–50% shares
25–50% votes

Indian · England · Age 44

71-75, Shelton Street, London, WC2H 9JQ

Notified 06/04/2016

Former PSCs

Mrs Ashna Verma

Ceased 31/07/2020

Charges2 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 28/04/2026Registered 13/05/2026
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 28/04/2026Registered 30/04/2026

CompanyRankvs 635+ SIC 26512 peers
30

Financial strength9th percentile among SIC peers · 2/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees6/15 pts

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

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/05/2025

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£109k

Current Liabilities

£111k

Fixed Assets

£266

1avg. employees

Balance Sheet

Assets less current liabilities-£2k
Signed by 1.6.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.98+£0
20250.98-£21k
20241.67+£38k
20230.51+£18k
20220.25+£9k
20210.41+£1k
20200.40-£41k
20190.50
20180.85

Derived from filed accounts. Not audited figures.