Argonath Limited
12884180
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Ashley Terry Weston
British · United Kingdom · Age 38
20 Havelock Road, Hastings, TN34 1BP
Notified 16/09/2020
CompanyRankvs 5544+ SIC 66190 peers24
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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
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
and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The directors have made an assessment about the company's ability to continue as a going concern and although liabilities exceed assets, they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting. Turnover Turnove
Key FinancialsYear ending 31/03/2025
Net Worth
£102
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£4k
Working capital
Current Assets
£3k
Current Liabilities
£7k
Fixed Assets
£770
Tax at Year End
Director Loans(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.49 |
| 2024 | 0.94 |
Derived from filed accounts. Not audited figures.