Jassi Corporation Ltd
13549544
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 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 Nichell Jassi
British · England · Age 50
Southgate Office Village, 286-A Chase Road, London, N14 6HF
Notified 05/08/2021
CompanyRankvs 65904+ SIC 68320 peers30
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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
account over the period of the lease at a constant proportion of the outstanding balance of capital repayments. - 5 - JASSI CORPORATION LTD Notes to the Accounts for the year ended 31 August 2024 Going concern The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the
Key FinancialsYear ending 31/08/2024
Net Worth
-£2k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
-£2k
Working capital
Current Assets
£5k
Current Liabilities
£7k
Debtors
£24
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.67 |
Derived from filed accounts. Not audited figures.