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Ashgroup It Ltd

09907569

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

6 CARDINAL CLOSE, NEWCASTLE UPON TYNE, NE15 9XE
Incorporated 08/12/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Andrew James Short

director · Since 08/12/2015

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 30

Also on 1 other board

Persons with Significant Control

Mr Andrew James Short

75–100% shares

British · England · Age 30

6, Cardinal Close, Newcastle Upon Tyne, NE15 9XE

Notified 06/04/2016

CompanyRankvs 39512+ SIC 62020 peers
61

Financial strength40th percentile among SIC peers · 10/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 2.55× · 20/20
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 strength10/25 pts

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

Employees5/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

£393

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£393

Working capital

Current Assets

£647

Current Liabilities

£254

Fixed Assets

£0

1avg. employees

Balance Sheet

Assets less current liabilities£393
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20242.55
20232.29
20212.35+£679
20201.28-£2k
20191.28+£911
20185.00

Derived from filed accounts. Not audited figures.