Company Overview
Asselle Products Limited is a Dissolved Private Limited Company.
Registered Address

C/O Neum Insolvency, Suite 9, Amba House, 15 College Road, Harrow, Middlesex, HA1 1BA
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Companies House Data
Company NameASSELLE PRODUCTS LIMITED
Company Number02891753
Registered Office AddressC/O Neum Insolvency, Suite 9, Amba House
 15 College Road
 HA1 1BA
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date26/01/1994
Accounting Reference Date Day30
Accounting Reference Date Month9
Accounts Next Due Date30/06/2023
Accounts Last Made Up Date30/09/2021
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date23/02/2017
Returns Last Made Up Date26/01/2016
Directors & Members
Show Resigned
Giovanna Asselle - Director
(Italian, 77 years old, born August 1949)
Appointed 26 January 1994
 Active
Suhas Shanbhag - Director
(British, 78 years old, born February 1948)
Appointed 26 January 1994
 Active
Secretaries
Show Resigned
Suhas Shanbhag - Secretary
(British)
Appointed 26 January 1994
 Active
Other Company Directorships
Giovanna Asselle
ACASA DESIGN LTD
ASSELLE CONTRACTS LIMITED
Suhas Shanbhag
ACASA DESIGN LTD
ASSELLE CONTRACTS LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Sep-2021 30-Sep-2020 30-Sep-2019
Balance Sheet
Fixed Assets 0 10,163 13,551
Current Assets 299,139 466,214 659,774
Creditors Due Within One Year 404,408 1,106,016 1,393,428
Working Cap -105,269 -639,802 -733,654
Total Assets Less Current Liabilities -105,269 -629,639 -720,103
Long-term Liabilities 47,503 50,000 0
Net Assets -152,772 -679,639 -720,103
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -152,772 -679,639 -720,103
Common Size Financial Analysis Unlock full report
Accounts Date 30-Sep-2021 30-Sep-2020 30-Sep-2019
Tangible Fixed Assets - - -
Fixed Assets 0.0% 2.1% 2.0%
Stocks Inventory - - -
Debtors 6.2% 12.4% 27.7%
Cash Bank In Hand 84.2% 20.2% 37.5%
Current Assets 100.0% 97.9% 98.0%
Creditors Due Within One Year 135.2% 232.2% 206.9%
Net Current Assets Liabilities -35.2% -134.3% -109.0%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds -51.1% -142.7% -106.9%
Capital Employed - - -
Total Assets Less Current Liabilities -35.2% -132.2% -106.9%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Sep-2021 30-Sep-2020 30-Sep-2019
Liquidity Ratio 0.7 0.4 0.5
Solvency Ratio 0.7 0.4 0.5
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 30-Sep-2021 30-Sep-2020 30-Sep-2019
Assets 299,139 476,377 673,325
Debt 451,911 1,156,016 1,393,428
Net Assets/Debt -152,772 -679,639 -720,103
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Liquidators' statement of receipts and payments to 1 December 2024
Liquidators' statement of receipts and payments to 1 December 2023
Statement of affairs
Appointment of a voluntary liquidator
Resolutions
Registered office address changed from 74a High Street Wanstead London E11 2RJ England to C/O Neum Insolvency, Suite 9, Amba House 15 College Road Harrow Middlesex HA1 1BA on 8 November 2022
Confirmation statement made on 26 January 2022 with no updates
Confirmation statement made on 26 January 2021 with no updates
Termination of appointment of Marcus Casey as a director on 1 August 2020
Confirmation statement made on 26 January 2020 with no updates
Current accounting period extended from 31 March 2019 to 30 September 2019
Confirmation statement made on 26 January 2019 with no updates
Satisfaction of charge 1 in full
Registered office address changed from Sinckot House 211 Station Road Harrow HA1 2TP England to 74a High Street Wanstead London E11 2RJ on 11 September 2018
Satisfaction of charge 2 in full
Confirmation statement made on 26 January 2018 with no updates
Appointment of Marcus Casey as a director on 1 November 2017
Termination of appointment of Liliana Asselle Shanbhag as a director on 21 July 2017
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