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Asas Developments Ltd

11740386

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 6 outstanding charges (-10)

Details

21 RAVENS WOOD, BOLTON, BL1 5TL
Incorporated 24/12/2018

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 Atif Ashraf

director · Since 24/12/2018

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 40

Also on 4 other boards

Persons with Significant Control

Mr Atif Ashraf

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 40

21, Ravens Wood, Bolton, BL1 5TL

Notified 24/12/2018

Charges6 outstanding

Charge
outstanding

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KENSINGTON MORTGAGE COMPANY LIMITED

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CompanyRankvs 69740+ SIC 68100 peers
37

Financial strength57th percentile among SIC peers · 14/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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69740Asas Developments Ltd
47
How is this score calculated?
Financial strength14/25 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.

Longevity7/15 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 31/12/2024

Net Worth

£2k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£648k

Working capital

Current Assets

£16k

Current Liabilities

£664k

Fixed Assets

£1.2M

Debtors

£9k

1avg. employees

Tax at Year End(2021)

Corp tax£1k

Balance Sheet

Assets less current liabilities£597k
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02-£49k
20230.04+£33k
20220.01-£125
20210.49+£14k
20200.22—

Derived from filed accounts. Not audited figures.