Back to search

Asab Group Limited

11474478

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

C/O XEINADIN CORPORATE RECOVERY, MANCHESTER, M2 3BD
Incorporated 20/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

09100
Support activities for petroleum and natural gas extraction

Officers

Mr Mark Laurence Howard

director · Since 20/07/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 5 other boards

Mr Philip Andrew Carney

director · Since 25/11/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 2 other boards

Mr Robert Speirs

director · Since 25/11/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 3 other boards

Persons with Significant Control

Asab Oil Limited

75–100% votes

The Old Courthouse, Athol Street, Douglas, IM1 1LD

Notified 20/07/2018

CompanyRankvs 15+ SIC 09100 peers
43

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 82.62× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1National Oilwell Varco Uk Limited
90
2Tam International North Sea Limited
90
3Core Laboratories (U.K.) Limited
90
4Antech Limited
90
5Petrostrat Limited
90
6Cokebusters Limited
90
7Limar Oil Tools (Uk) Limited
90
8Igs (International Geoscience Services) Limited
90
9Contracts Consultancy Limited
89
10Workfox U.K. Limited
89
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.

Employees0/15 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.

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

Key FinancialsYear ending 31/12/2021

Net Worth

-£939k

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

£459k

Working capital

Current Assets

£465k

Current Liabilities

£6k

Fixed Assets

£197k

Debtors

£433k

2avg. employees+1

Balance Sheet

Intangible assets£197k
Assets less current liabilities£657k
Signed by Mr P A Carney 18 May 2022Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202182.62-£83k
20207.62-£92k
20193.61—

Derived from filed accounts. Not audited figures.