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Ashaz Ltd

10322962

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

10-11 UNION STREET, READING, RG1 1EU
Incorporated 10/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47710
Retail sale of clothing in specialised stores
95120
Repair of communication equipment

Officers

Khuram Shehzad

secretary · Since 10/08/2016

Mr Khuram Shehzad

director · Since 10/08/2016

IT ENGINEER

BRITISH · ENGLAND · Age 48

Also on 7 other boards

CompanyRankvs 4625+ SIC 47710 peers
61

Financial strength12th percentile among SIC peers · 3/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.31× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees13/15 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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

-£19k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£15k

Current Liabilities

£5k

Fixed Assets

£12k

4avg. employees

Balance Sheet

Assets less current liabilities£23k
Signed by 1.9.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20243.31-£3k
20236.19-£2k
20223.12-£9k
202113.76+£6k
202022.27-£12k
20197.69-£5k
2018Infinity

Derived from filed accounts. Not audited figures.