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Asb Contracts Ltd

11932981

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

KINGS HOUSE BUSINESS CENTRE, WOLVERHAMPTON, WV2 4DT
Incorporated 08/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43110
Demolition

Officers

Mr Dara Singh Kandola

director · Since 20/10/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Persons with Significant Control

Mr Dara Singh Kandola

75–100% shares

British · England · Age 59

Kings House Business Centre, St. Johns Square, Wolverhampton, WV2 4DT

Notified 01/08/2021

Former PSCs

Mr Ardeep Singh Bains

Ceased 12/11/2019

Mr Onkarr Singh Sandhu

Ceased 03/05/2021

Mr Sukhjit Singh Gill

Ceased 01/08/2021

CompanyRankvs 789+ SIC 43110 peers
53

Financial strength5th percentile among SIC peers · 1/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.63× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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.

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

Key FinancialsYear ending 31/03/2021

Net Worth

-£40k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£26k

Current Liabilities

£16k

Fixed Assets

£466

Debtors

£9k

19avg. employees

Tax at Year End

VAT£2k

Director Loans

Company owes directors£10k

Balance Sheet

Assets less current liabilities£10k
Signed by Mr Onkarr Sandhu 19/11/2021Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioEst. Revenue
20211.63£46k

Derived from filed accounts. Not audited figures.