Back to search

Asap Innovations Uk Limited

12686342

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 1B, FOCUS FOUR, LETCHWORTH, SG6 2TU
Incorporated 20/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

14120
Manufacture of workwear
46420
Wholesale of clothing and footwear

Officers

Mr Sean Darren Keller

director · Since 20/06/2020

DIRECTOR

IRISH · IRELAND · Age 55

Persons with Significant Control

Asap Innovations Limited

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

7 Saggart Lakes, Saggart, Dublin

Reg: 625986 · Irish Register Of Companies · Limited Company

Notified 20/06/2020

CompanyRankvs 421+ SIC 14120 peers
19

Financial strength0th percentile among SIC peers · 0/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1E.Russum & Sons,Limited
90
2Respirex International Limited
90
3Tibard Limited
90
4Leo Textiles Limited
90
5Wearwell (Uk) Limited
90
6Rockfall Uk Limited
90
7Giltbrook Dyers And Cleaners Limited(The)
89
8E.H.Thorne(Beehives)Limited
89
9Bennett Safetywear Limited
88
10Romar Innovate Limited
88
421Asap Innovations Uk Limited
29
How is this score calculated?
Financial strength0/25 pts

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

Employees6/15 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

have confirmed their intention to continue to support the company for the foreseeable future and on this basis the directors consider it appropriate to prepare the financial statements on a going concern basis.Without the financial support of the stated group entities a material uncertainty would exist over going concern. Related party exemption The company has taken advantage of exemptio

Key FinancialsYear ending 31/12/2024

Net Worth

-£1.6M

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£758k

Working capital

Current Assets

£602k

Current Liabilities

£1.4M

Debtors

£466k

1avg. employees-1

Balance Sheet

Assets less current liabilities-£758k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.44+£37k
20230.39—

Derived from filed accounts. Not audited figures.