Rassam Properties Ltd
13891095
Some Concerns
- Negative net worth (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Karam Faiz Rassam
British · Wales · Age 33
80, Cypress Crescent, Cardiff, CF3 2WL
Notified 03/02/2022
Former PSCs
Mr Noor Faiz Rassam
Ceased 31/10/2024
Charges3 outstanding
THE MORTGAGE WORKS (UK) PLC
PARATUS AMC LIMITED
KENSINGTON MORTGAGE COMPANY LIMITED
CompanyRankvs 165109+ SIC 68100 peers17
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 28/02/2025
Net Worth
-£6k
Balance sheet strength
Cash
£17k
Cash in the bank
Net Current Assets
-£81k
Working capital
Current Assets
—
Current Liabilities
£98k
Fixed Assets
£232k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | -£11k |
| 2024 | 0.04 | +£4k |
| 2023 | 1.74 | — |
Derived from filed accounts. Not audited figures.