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Asset Cover Ltd

11991467

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

107 KING STREET, BLACKBURN, BB2 2DT
Incorporated 13/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

95210
Repair of consumer electronics

Officers

Mr Khalid Dalal

director · Since 13/05/2019

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 4 other boards

Persons with Significant Control

Mr Khalid Dalal

50–75% shares
50–75% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · England · Age 54

10 Acrefield, Beardwood, Blackburn, BB2 7BJ

Notified 13/05/2019

CompanyRankvs 297+ SIC 95210 peers
60

Financial strength63th percentile among SIC peers · 16/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 29.64× · 20/20
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 strength16/25 pts

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

Employees2/15 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.

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 31/05/2025

Net Worth

£5k

Balance sheet strength

Cash

£37k

Cash in the bank

Net Current Assets

£115k

Working capital

Current Assets

£119k

Current Liabilities

£4k

Fixed Assets

£482k

Debtors

£82k

0avg. employees

Balance Sheet

Bank loans & overdrafts£363k
Assets less current liabilities£597k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
202529.64+£0
202529.64+£71k
202436.74+£14k
20239.86+£68k
202212.04+£63k
202110.42-£90k

Derived from filed accounts. Not audited figures.