Back to search

Arc Assets Ltd

11084915

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

GREENGATE BUSINESS CENTRE, OLDHAM, OL4 1FN
Incorporated 28/11/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Robin Cliff Dunn

director · Since 28/11/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 6 other boards

Ark Group Holding Ltd

director · Since 20/11/2020

Also on 15 other boards

Persons with Significant Control

Mr Robin Cliff Dunn

25–50% shares

British · England · Age 57

Greengate Business Centre, 2 Greengate Street, Oldham, OL4 1FN

Notified 28/11/2017

Former PSCs

Miss Chanel Marie Kelly Josephine Reid

Ceased 30/11/2020

Charges1 outstanding

Charge
outstanding

PETER MARSDEN PROPERTY FINANCE LIMITED

Created 05/12/2019Registered 09/12/2019

CompanyRankvs 97576+ SIC 68100 peers
21

Financial strength22th percentile among SIC peers · 6/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength6/25 pts

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

Employees9/15 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.

Longevity9/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. 1.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

Key FinancialsYear ending 30/11/2019

Net Worth

-£3k

Balance sheet strength

Cash

£100

Cash in the bank

Net Current Assets

-£50k

Working capital

Current Assets

£100

Current Liabilities

£50k

Fixed Assets

£47k

1avg. employees

Balance Sheet

Assets less current liabilities-£3k
Signed by Robin Dunn 22/12/2021Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20190.00

Derived from filed accounts. Not audited figures.