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Asiagate Ltd

14834017

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)

Details

WATERS EDGE BUSINESS PARK MODWEN ROAD, SALFORD, M5 3EZ
Incorporated 28/04/2023

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 27/04/2026

Due 11/05/2027

On track

Industry

46180
Agents specialised in the sale of other particular products

Officers

Mr Philip Soon

secretary · Since 28/04/2023

Also on 7 other boards

Mr Philip Soon

director · Since 28/04/2023

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 7 other boards

Mr Andrew Sprowell

director · Since 28/04/2023

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 56

Mrs Erika Mukai Nicholson

director · Since 13/05/2023

ACCOUNTANT

BRAZILIAN · ENGLAND · Age 52

Also on 2 other boards

Persons with Significant Control

Philip Soon

25–50% shares
25–50% votes

British · United Kingdom · Age 55

Waters Edge Business Park, Modwen Road, Salford, M5 3EZ

Notified 28/04/2023

Andrew Sprowell

25–50% shares
25–50% votes

British · United Kingdom · Age 56

Waters Edge Business Park, Modwen Road, Salford, M5 3EZ

Notified 28/04/2023

Wendy Chan

25–50% shares
25–50% votes
Appoint directors

British · England · Age 49

Waters Edge Business Park, Modwen Road, Salford, M5 3EZ

Notified 24/08/2023

CompanyRankvs 6654+ SIC 46180 peers
27

Financial strength4th percentile among SIC peers · 1/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.71× · 6/20
Longevity3 years trading (max 15) · 3/15
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.

Employees2/15 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

-£67k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£135k

Current Liabilities

£189k

Fixed Assets

£7k

0avg. employees-1

Balance Sheet

Total assets£142k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.71-£46k
20240.79

Derived from filed accounts. Not audited figures.