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National Asset Disposals Ltd

14593676

active
Private Limited Company
england wales
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)
  • Going concern doubt noted in accounts (-10)

Details

C/O FRUITION ACCOUNTANCY, STATION ROAD, WS13 6HX
Incorporated 16/01/2023

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 15/01/2026

Due 29/01/2027

On track

Industry

38110
Collection of non-hazardous waste
62090
Other information technology service activities

Officers

Mr Timothy George Hawkins

director · Since 16/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 9 other boards

Mr Paul Bryan Mullett

director · Since 16/01/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 4 other boards

Persons with Significant Control

Mr Timothy George Hawkins

25–50% shares
25–50% votes

British · England · Age 54

C/O Fruition Accountancy, Unit 4, Three Spires House, Station Road, WS13 6HX

Notified 16/01/2023

Mr Paul Bryan Mullett

25–50% shares
25–50% votes

British · United Kingdom · Age 53

C/O Fruition Accountancy, Unit 4, Three Spires House, Station Road, WS13 6HX

Notified 16/01/2023

CompanyRankvs 3342+ SIC 38110 peers
24

Financial strength1th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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3342National Asset Disposals Ltd
34
How is this score calculated?
Financial strength0/25 pts

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

Employees14/15 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.

Longevity3/15 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.

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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/03/2025

Net Worth

-£506k

Balance sheet strength

Cash

£60k

Cash in the bank

Net Current Assets

-£605k

Working capital

Current Assets

£125k

Current Liabilities

£731k

Fixed Assets

£101k

Debtors

£32k

26avg. employees+19

Balance Sheet

Assets less current liabilities-£504k
Signed by Mr Paul Mullett 22nd December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.17-£144k
20240.10—

Derived from filed accounts. Not audited figures.