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Garen Tarassian Ltd

10041774

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

28 WILTON ROAD, BEXHILL ON SEA, TN40 1EZ
Incorporated 03/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Garen Tarassian

secretary · Since 03/03/2016

Mr Garen Tarassian

director · Since 03/03/2016

SITE ENGINEER

BRITISH · ENGLAND · Age 63

Persons with Significant Control

Mr Garen Tarassian

75–100% shares

British · England · Age 63

28 Wilton Road, Bexhill On Sea, TN40 1EZ

Notified 06/04/2016

CompanyRankvs 13059+ SIC 43999 peers
54

Financial strength60th percentile among SIC peers · 15/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 2.14× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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13059Garen Tarassian Ltd
64
How is this score calculated?
Financial strength15/25 pts

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

Employees4/15 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.

Longevity10/15 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

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

Going Concern Doubt

foreseeable future. In reaching this conclusion they are satisfied that no material uncertainty exists. As a result of the above, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements and that no material uncertainty exists in reaching this conclusion. Turnover Turnover represents net invoiced sale of services, exclud

Key FinancialsYear ending 31/03/2025

Net Worth

£14k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£22k

Current Liabilities

£10k

Fixed Assets

£2k

Debtors

£7k

1avg. employees

Tax at Year End(2024)

Corp tax£2k

Balance Sheet

Assets less current liabilities£14k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.14-£13k
20243.01-£5k
20233.01—

Derived from filed accounts. Not audited figures.