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Austability Group Ltd

12879695

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)
  • Going concern doubt noted in accounts (-10)

Details

3RD FLOOR,, LONDON, SW6 5UA
Incorporated 15/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Navid Khandan

director · Since 23/12/2020

DIRECTOR

AUSTRALIAN · UNITED ARAB EMIRATES · Age 51

Mr Dale Robert Allen

director · Since 03/05/2023

BUSINESS CONSULTANT

BRITISH · UNITED KINGDOM · Age 60

Mr William Anthony Wurch

director · Since 03/05/2023

DIRECTOR

AMERICAN · UNITED STATES · Age 67

Naguib Kaldas

director · Since 01/01/2025

CONSULTANT

AUSTRALIAN · AUSTRALIA · Age 68

Persons with Significant Control

Mr Navid Khandan

50–75% shares
50–75% votes
Appoint directors

Australian · United Arab Emirates · Age 51

3rd Floor,, 593-599 Fulham Road, London, SW6 5UA

Notified 04/01/2021

Former PSCs

Mr Michael John Conroy

Ceased 04/01/2021

CompanyRankvs 25600+ SIC 64209 peers
38

Financial strength47th percentile among SIC peers · 12/25
Employees98th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength12/25 pts

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

Employees15/15 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

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

of particular transactions, other events and conditions on the entity's financial position and financial performance; and make an assessment of the company's ability to continue as a going concern. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at

Key FinancialsYear ending 31/12/2024

Net Worth

£135

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£34.3M

Debtors

£9.2M

Cost of Sales

£48.3M

Admin Expenses

£13.9M

Profit After Tax

£691k

45avg. employees+42

Tax at Year End(2023)

Corp tax£46k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20233.05+£235k
20220.98+£880
20210.98

Derived from filed accounts. Not audited figures.