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Instant Asset Management Ltd

13626831

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)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

8 OSWALD ROAD, SCUNTHORPE, DN15 7PT
Incorporated 16/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing
68100
Buying and selling of own real estate
68310
Real estate agencies
68320
Management of real estate on a fee or contract basis

Officers

Mr Damien Smith

director · Since 16/09/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 1 other board

Persons with Significant Control

Mr Damien Smith

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

British · United Kingdom · Age 39

8, Oswald Road, Scunthorpe, DN15 7PT

Notified 16/09/2021

Former PSCs

Tori Green

Ceased 21/11/2022

CompanyRankvs 34845+ SIC 43390 peers
39

Financial strength4th percentile among SIC peers · 1/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.78× · 6/20
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.

Employees12/15 pts

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

Liquidity6/20 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 30/09/2024

Net Worth

-£39k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£21k

Working capital

Current Assets

£71k

Current Liabilities

£91k

Fixed Assets

£19k

3avg. employees+1

Balance Sheet

Assets less current liabilities-£1k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.78+£289
20230.77-£13k
20220.10

Derived from filed accounts. Not audited figures.