Company Overview
New Asian Limited is a Dissolved Private Limited Company.
Registered Address

1 Warden Abbey, Bedford, Bedfordshire, MK41 0SW
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Companies House Data
Company NameNEW ASIAN LIMITED
Company Number09778912
Registered Office Address1 Warden Abbey
 MK41 0SW
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date15/09/2015
Accounting Reference Date Day30
Accounting Reference Date Month9
Accounts Next Due Date30/06/2020
Accounts Last Made Up Date30/09/2018
Returns Next Due Date28/10/2016
Returns Last Made Up Date30/09/2015
Directors & Members
Show Resigned
Hiren Khakhar - Director
(British, 44 years old, born October 1982)
Appointed 28 July 2016
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Hiren Khakhar
No companies found
Balance Sheet Unlock full report
Accounts Date 30-Sep-2018 30-Sep-2017 30-Sep-2016
Balance Sheet
Fixed Assets 0 22,995 25,244
Current Assets 11,720 36,579 46,517
Creditors Due Within One Year 18,907 19,160 2,596
Working Cap -7,187 17,419 43,921
Total Assets Less Current Liabilities -7,187 40,414 69,165
Long-term Liabilities 30,479 82,396 64,735
Net Assets -37,666 -41,982 4,430
Share Capital & Reserves
Share Cap - - 100
Profit & Loss Reserves - - 4,330
Other Reserves - - 0
Shareholders Funds -37,666 -41,982 4,430
Common Size Financial Analysis Unlock full report
Accounts Date 30-Sep-2018 30-Sep-2017 30-Sep-2016
Tangible Fixed Assets - - 35.2%
Fixed Assets 0.0% 38.6% 35.2%
Stocks Inventory - - 3.4%
Debtors - - 57.2%
Cash Bank In Hand - - 4.2%
Current Assets 100.0% 61.4% 64.8%
Creditors Due Within One Year 161.3% 32.2% 3.6%
Net Current Assets Liabilities -61.3% 29.2% 61.2%
Creditors Due After One Year - - 90.2%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - 6.2%
Called Up Share Capital - - 0.1%
Share Capital Allotted Called Up Paid - - 0.1%
Profit Loss Account Reserve - - 6.0%
Shareholder Funds -321.4% -70.5% 6.2%
Capital Employed - - -
Total Assets Less Current Liabilities -61.3% 67.8% 96.4%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Sep-2018 30-Sep-2017 30-Sep-2016
Liquidity Ratio 0.6 1.9 17.9
Solvency Ratio 0.2 0.6 1.1
Reserves to Assets - - 0.1
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 30-Sep-2018 30-Sep-2017 30-Sep-2016
Assets 11,720 59,574 71,761
Debt 49,386 101,556 67,331
Net Assets/Debt -37,666 -41,982 4,430
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 MK41 0SW
No other companies found in the same location
Document Filings
Final Gazette dissolved via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Confirmation statement made on 30 September 2018 with updates
Registered office address changed from 529 High Road Wembley HA0 2DH to 1 Warden Abbey Bedford Bedfordshire MK41 0SW on 29 June 2018
Satisfaction of charge 097789120001 in full
Confirmation statement made on 30 September 2017 with no updates
Registration of charge 097789120001, created on 28 June 2017
Confirmation statement made on 30 September 2016 with updates
Termination of appointment of Jitendra Vishwanath Deshpande as a director on 28 July 2016
Appointment of Mr Hiren Rasbihari Khakhar as a director on 28 July 2016
Annual return made up to 30 September 2015 with full list of shareholders
Termination of appointment of Abhijeet Sonawane as a director on 29 September 2015
Appointment of Mr Jitendra Vishwanath Deshpande as a director on 29 September 2015
Termination of appointment of Sagar Rupchandani as a director on 23 September 2015
Appointment of Mr Abhijeet Sonawane as a director on 17 September 2015
Incorporation
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