Back to search

Bitblockassets Ltd

11195139

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

1 HALF MOON STREET, LONDON, W1J 7AY
Incorporated 08/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Kiabod Tutunian Mashad

director · Since 10/02/2023

BUSINESS PERSON

BRITISH · ENGLAND · Age 37

Also on 3 other boards

Persons with Significant Control

Londorf Capital Limited

75–100% shares
75–100% votes

2, Lansdowne Row, London, W1J 6HL

Reg: 08393551 · England & Wales · Private Limited Company

Notified 08/02/2018

Former PSCs

Albrecht Frischenschlager

Ceased 10/02/2023

Charges3 outstanding

Charge
outstanding

DBS BANK LTD.

Created 26/08/2025Registered 16/09/2025
Charge
outstanding

DBS BANK LTD

Created 30/11/2023Registered 05/12/2023
Charge
outstanding

DBS BANK LTD

Created 30/11/2023Registered 05/12/2023
Charge
satisfied

INVESTEC BANK (CHANNEL ISLANDS) LIMITED

Created 21/01/2020Registered 03/02/2020Satisfied 18/09/2025
Charge
satisfied

INVESTEC BANK (CHANNEL ISLANDS) LIMITED

Created 21/01/2020Registered 29/01/2020Satisfied 18/09/2025
Charge
satisfied

INVESTEC BANK (CHANNEL ISLANDS) LIMITED

Created 19/03/2018Registered 22/03/2018Satisfied 18/09/2025
Charge
satisfied

INVESTEC BANK (CHANNEL ISLANDS) LIMITED

Created 19/03/2018Registered 22/03/2018Satisfied 18/09/2025

CompanyRankvs 38219+ SIC 41100 peers
40

Financial strength0th percentile among SIC peers · 0/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 44.04× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength0/25 pts

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

Employees7/15 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.

Longevity8/15 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 28/02/2025

Net Worth

-£3.8M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.1M

Current Liabilities

£25k

Debtors

£25k

1avg. employees

Balance Sheet

Bank loans & overdrafts£8.1M
Assets less current liabilities£11.8M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
202544.04-£504k
202462.96-£345k
20237.31-£5.0M
20213.67+£1.4M
20191.05

Derived from filed accounts. Not audited figures.