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Conversion Concepts Limited

09855154

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

24 BAYTREE WALK, WATFORD, WD17 4YX
Incorporated 03/11/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Ahmed Khan

director · Since 03/11/2015

OPERATIONAL DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 5 other boards

Persons with Significant Control

Mr Ahmed Khan

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

British · United Kingdom · Age 69

24, Bay Tree Walk, Watford, WD17 4YX

Notified 02/03/2021

Former PSCs

Mr Safdar Hussain

Ceased 25/08/2020

Quasi Holdings Limited

Ceased 02/03/2021

Charges1 outstanding

Charge
outstanding

WEST ONE SECURED LOANS LIMITED

Created 12/09/2023Registered 21/09/2023
Charge
satisfied

LLOYDS BANK PLC

Created 29/06/2018Registered 17/07/2018Satisfied 02/10/2023
Charge
satisfied

LLOYDS BANK PLC

Created 29/06/2018Registered 06/07/2018Satisfied 02/10/2023

CompanyRankvs 14379+ SIC 41202 peers
59

Financial strength98th percentile among SIC peers · 25/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.93× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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14379Conversion Concepts Limited
64
How is this score calculated?
Financial strength25/25 pts

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

Employees2/15 pts

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

Liquidity16/20 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 30/11/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

£764k

Working capital

Current Assets

£1.6M

Current Liabilities

£821k

Fixed Assets

£2.3M

Debtors

£1.6M

0avg. employees

Tax at Year End(2021)

Corp tax£3k

Balance Sheet

Assets less current liabilities£3.1M
Prepared with BTCSoftware AP Solution 2025 12.1.02

EstimatesDerived

YearCurrent RatioImplied Profit
20241.93+£1.0M
20231.85+£26k
20221.81+£46k
20213.40+£13k
20202.75+£25k
20192.61+£14k
201810.64—

Derived from filed accounts. Not audited figures.