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What Assets Ltd

15132499

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

10 CLIFF PARADE, WAKEFIELD, WF1 2TA
Incorporated 12/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Tahir Ali

director · Since 12/09/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 7 other boards

Dr Waheed Farooq Hussain

director · Since 12/09/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 11 other boards

Persons with Significant Control

Waheed Farooq Hussain

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

British · England · Age 51

10, Cliff Parade, Wakefield, WF1 2TA

Notified 12/09/2023

Tahir Ali

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

British · England · Age 50

10, Cliff Parade, Wakefield, WF1 2TA

Notified 12/09/2023

Charges2 outstanding

Charge
outstanding

REWARD FINANCE GROUP LIMITED

Created 16/01/2024Registered 19/01/2024
Charge
outstanding

REWARD FINANCE GROUP LIMITED

Created 16/01/2024Registered 19/01/2024

CompanyRankvs 160885+ SIC 68100 peers
19

Financial strength23th percentile among SIC peers · 6/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength6/25 pts

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

Employees3/15 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

Outstanding charges: -10 pts

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

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£526k

Working capital

Current Assets

£7k

Current Liabilities

£533k

Fixed Assets

£538k

0avg. employees

Balance Sheet

Assets less current liabilities£12k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent Ratio
20240.01

Derived from filed accounts. Not audited figures.