Apparel Sourcing Group Ltd
12202705
Some Concerns
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/09/2019
BUSINESS
BRITISH · ENGLAND · Age 62
Also on 17 other boards
director · Since 12/09/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 58
Also on 3 other boards
director · Since 17/10/2024
DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 4 other boards
Persons with Significant Control
Former PSCs
Mr Apinder Singh Ghura
Ceased 17/10/2024
As 2019 Limited
Ceased 17/10/2024
Charges3 outstanding
GB EUROPE MANAGEMENT SERVICES LIMITED (AS SECURITY AGENT)
HSBC UK BANK PLC
HSBC UK BANK PLC
CompanyRankvs 1312+ SIC 46160 peers53
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/06/2025
Net Worth
£105k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£105k
Working capital
Current Assets
£3.1M
Current Liabilities
£3.5M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.90 | +£93k |
| 2024 | 1.15 | -£1k |
| 2023 | 1.11 | -£1k |
| 2022 | 1.03 | — |
| 2021 | 1.00 | — |
| 2020 | 0.83 | — |
Derived from filed accounts. Not audited figures.