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Brit Assets Limited

12381439

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

54 CLARE GARDENS, BARKING, IG11 9JH
Incorporated 31/12/2019

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 Al-Masum Al-Amin

director · Since 31/12/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 3 other boards

Mrs Farhana Parvin

director · Since 31/12/2019

DIRECTOR

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr Al-Masum Al-Amin

25–50% shares

British · United Kingdom · Age 46

54, Clare Gardens, Barking, IG11 9JH

Notified 31/12/2019

Mrs Farhana Parvin

25–50% shares

British · England · Age 42

54, Clare Gardens, Barking, IG11 9JH

Notified 05/11/2021

Former PSCs

Mrs Farhana Parvin

Ceased 18/09/2021

Charges2 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 23/11/2022Registered 23/11/2022
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 20/05/2021Registered 21/05/2021

CompanyRankvs 81588+ SIC 68100 peers
34

Financial strength80th percentile among SIC peers · 20/25
Employees19th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees3/15 pts

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

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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

£58k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

-£556k

Working capital

Current Assets

Current Liabilities

£574k

0avg. employees

Balance Sheet

Bank loans & overdrafts£833k
Assets less current liabilities£891k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£16k
20230.28+£23k
20220.42+£6k
2021+£7k

Derived from filed accounts. Not audited figures.