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Aswatax Ltd

12923632

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 02/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69203
Tax consultancy

Officers

Mr Omar Aswat

director · Since 02/03/2021

CHARTERED TAX ADVISOR

BRITISH · ENGLAND · Age 33

Persons with Significant Control

Mr Omar Aswat

50–75% shares
50–75% votes

British · England · Age 33

12923632 - Companies House Default Address, Cardiff, CF14 8LH

Notified 26/02/2021

Former PSCs

Taiba Hussein

Ceased 01/05/2024

CompanyRankvs 1551+ SIC 69203 peers
76

Financial strength93th percentile among SIC peers · 23/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 4.56× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees12/15 pts

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

Liquidity20/20 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 31/10/2024

Net Worth

£240k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£81k

Working capital

Current Assets

£104k

Current Liabilities

£23k

Fixed Assets

£160k

4avg. employees+1

Balance Sheet

Assets less current liabilities£241k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20244.56+£216k
20234.05+£16k
20222.01+£6k
20211.39

Derived from filed accounts. Not audited figures.