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Business Assist Accountants Ltd.

13416235

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

07 ST. JAMES'S SQUARE, MANCHESTER, M2 6DN
Incorporated 24/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities
69203
Tax consultancy

Officers

Mr Shahid Ali

director · Since 24/05/2021

DIRECTOR

ENGLISH · UNITED KINGDOM · Age 35

Also on 5 other boards

Persons with Significant Control

Mr Shahid Ali

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

English · United Kingdom · Age 35

07, St. James's Square, Manchester, M2 6DN

Notified 24/05/2021

CompanyRankvs 33005+ SIC 69201 peers
28

Financial strength5th percentile among SIC peers · 1/25
Employees31th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees5/15 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.

Longevity5/15 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 31/05/2025

Net Worth

-£8k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£2

Current Liabilities

£8k

1avg. employees

Balance Sheet

Assets less current liabilities-£8k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00+£0
20250.00-£3k
20240.32-£56
20220.85

Derived from filed accounts. Not audited figures.