Back to search

Asgard 2.0 Ltd

12509616

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

45-47 CHEAPSIDE, SPENNYMOOR, DL16 6QF
Incorporated 10/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47710
Retail sale of clothing in specialised stores
56102
Unlicensed restaurants and cafes
56210
Event catering activities
70229
Management consultancy activities

Officers

Mr Michael Richard Lee

director · Since 10/03/2020

OPERATIONS MANAGER

BRITISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr Michael Richard Lee

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

British · United Kingdom · Age 43

45-47, Cheapside, Spennymoor, DL16 6QF

Notified 10/03/2020

CompanyRankvs 16991+ SIC 47710 peers
26

Financial strength10th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength3/25 pts

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

Employees0/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£24k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£22k

Working capital

Current Assets

£4k

Current Liabilities

£26k

Fixed Assets

£12k

Debtors

£1k

Tax at Year End

Corp tax£325
VAT£458

Director Loans

Company owes directors£71k

Balance Sheet

Assets less current liabilities-£10k
Signed by Mr Michael Lee 31/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.16-£34k£9k
20240.13-£20k£9k
20230.23+£5k£7k
20222.19+£16k
20212.60

Derived from filed accounts. Not audited figures.