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Ace Fast Lets Ltd

09671068

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

332 CRANBROOK ROAD, ILFORD, IG2 6EP
Incorporated 06/07/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55900
Other accommodation

Officers

Mr Amarjeet Richard Singh

director · Since 06/07/2015

DIRECTOR

BRITISH · ENGLAND · Age 29

Also on 4 other boards

Persons with Significant Control

Mr Amarjeet Richard Singh

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

British · England · Age 29

332, Cranbrook Road, Ilford, IG2 6EP

Notified 06/04/2016

CompanyRankvs 7290+ SIC 55900 peers
38

Financial strength8th percentile among SIC peers · 2/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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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.

Employees8/15 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.

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.

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

Key FinancialsYear ending 31/07/2024

Net Worth

-£19k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£12k

Current Liabilities

£31k

Fixed Assets

£730

1avg. employees+1

Balance Sheet

Assets less current liabilities£13k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.39-£49k
20231.04+£59k
2022-£33k
20211.19-£1k
2020+£2k

Derived from filed accounts. Not audited figures.