Company Overview
Eighty Eight Ventures Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 10 March 2010, so this is a well established company. Eighty Eight Ventures Ltd has been in business for 16 years. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Unit, Headford Street, Sheffield, S3 7WB
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Companies House Data
Company NameEIGHTY EIGHT VENTURES LTD
Company Number07183558
Registered Office AddressUnit
 Headford Street
 S3 7WB
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date10/03/2010
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date07/04/2017
Returns Last Made Up Date10/03/2016
Directors & Members
Show Resigned
Jasem Alsharah - Director
(Kuwaiti, 69 years old, born October 1957)
Appointed 17 September 2018
 Active
Nabeil Asker - Director
(British, 44 years old, born December 1982)
Appointed 10 March 2010
 Active
Mohamed Thabet - Director
(British, 39 years old, born May 1987)
Appointed 10 March 2010
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Jasem Alsharah
No companies found
Nabeil Asker
88 CONCEPTS LTD
88 FRANCHISE LTD
88 IP LTD
88 SUPPLY LTD
DRINEYKS LTD
METAEATS LTD
Mohamed Thabet
DRINEYKS LTD
GRAD BUREAU SERVICES LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2021 31-Mar-2020
Balance Sheet
Fixed Assets 208,868 208,868 139,596
Current Assets 245,265 245,265 106,916
Creditors Due Within One Year 2,365 2,365 14,865
Working Cap 242,900 242,900 92,051
Total Assets Less Current Liabilities 451,768 451,768 231,647
Long-term Liabilities 238,254 238,254 163,649
Net Assets 213,514 213,514 67,998
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 213,514 213,514 67,998
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2021 31-Mar-2020
Tangible Fixed Assets - - -
Fixed Assets 46.0% 46.0% 56.6%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 54.0% 54.0% 43.4%
Creditors Due Within One Year 0.5% 0.5% 6.0%
Net Current Assets Liabilities 53.5% 53.5% 37.3%
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 47.0% 47.0% 27.6%
Capital Employed - - -
Total Assets Less Current Liabilities 99.5% 99.5% 94.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2021 31-Mar-2020
Liquidity Ratio 103.7 103.7 7.2
Solvency Ratio 1.9 1.9 1.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2021 31-Mar-2020
Assets 454,133 454,133 246,512
Debt 240,619 240,619 178,514
Net Assets/Debt 213,514 213,514 67,998

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

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
Other Business around S3 7WB
R.D. SHOPFITTING LIMITED
BATH WORKS 20 HEADFORD STREET, SHEFFIELD, S3 7WB
Document Filings
Confirmation statement made on 7 April 2025 with updates
Termination of appointment of Fasial Alothman as a director on 6 April 2025
Confirmation statement made on 12 August 2024 with no updates
Confirmation statement made on 12 August 2023 with no updates
Confirmation statement made on 12 December 2022 with no updates
Confirmation statement made on 12 August 2022 with no updates
Confirmation statement made on 12 August 2021 with no updates
Notification of Mohamed Thabet as a person with significant control on 1 May 2021
Notification of Nabeil Asker as a person with significant control on 1 May 2021
Director's details changed for Mr Nabeil Asker on 1 July 2021
Cessation of Nabeil Asker as a person with significant control on 1 May 2021
Confirmation statement made on 12 August 2020 with no updates
Withdrawal of a person with significant control statement on 28 February 2020
Withdrawal of a person with significant control statement on 28 February 2020
Notification of a person with significant control statement
Confirmation statement made on 20 October 2019 with no updates
Change of details for Mr Nabeil Asker as a person with significant control on 1 February 2019
Termination of appointment of Adel Asker as a director on 31 December 2018
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