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Asas Developments Ltd

11740386

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 6 outstanding charges (-10)

Details

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

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 17/07/2025

Due 31/07/2026

On track

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

SHAWBROOK BANK LIMITED

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outstanding

SHAWBROOK BANK LIMITED

Created 13/09/2024Registered 16/09/2024
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outstanding

THE MORTGAGE LENDER LIMITED

Created 31/07/2023Registered 07/08/2023
Charge
outstanding

LENDINVEST BTL LIMITED

Created 07/07/2023Registered 07/07/2023
Charge
outstanding

LENDINVEST BTL LIMITED

Created 30/04/2021Registered 30/04/2021
Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 10/01/2020Registered 10/01/2020

CompanyRankvs 70553+ SIC 68100 peers
38

Financial strength57th percentile among SIC peers · 14/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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70553Asas 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.

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 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

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—

Derived from filed accounts. Not audited figures.