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Assetal Living Ltd

12051219

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

BEEVER AND STRUTHERS, ONE EXPRESS 1 GEORGE LEIGH STREET, MANCHESTER, M4 5DL
Incorporated 14/06/2019

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 Mithun Babbar

director · Since 14/06/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 10 other boards

Mr Sushil Babbar

director · Since 14/06/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 11 other boards

Miss Chandni Babbar

secretary · Since 25/09/2019

Persons with Significant Control

Assetal Holdings Limited

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

5, Hounslow Avenue, Hounslow, TW3 2DZ

Reg: 12164965 · England And Wales Companies Registry · Limited Company

Notified 01/11/2020

Former PSCs

Mr Sushil Babbar

Ceased 01/11/2020

Mr Mithun Babbar

Ceased 01/11/2020

Charges2 outstanding

Charge
outstanding

UNITY TRUST BANK PLC

Created 10/07/2020Registered 14/07/2020
Charge
outstanding

UNITY TRUST BANK PLC

Created 10/07/2020Registered 14/07/2020

CompanyRankvs 14172+ SIC 68100 peers
65

Financial strength90th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.61× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

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 31/08/2023

Net Worth

£239k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

£41k

Working capital

Current Assets

£109k

Current Liabilities

£68k

Debtors

£92k

3avg. employees

Tax at Year End

Corp tax£4k

Balance Sheet

Assets less current liabilities£941k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20231.61+£2k
20221.19+£1k
20210.28+£9k
20200.51

Derived from filed accounts. Not audited figures.