ASCARI CARS LIMITED
Company number SC154796 · Monitor this company
Executive summary
ASCARI CARS LIMITED is technically insolvent with net liabilities of £28.9 million, negligible assets, and no meaningful revenue generation. The company survives solely on the continued financial support of its beneficial owner, Mr Klaas Zwart, as explicitly acknowledged in the going concern note. With a current ratio of 0.003 and zero operational cash flow, this entity has no capacity to service any commercial credit facility and represents an unacceptable credit risk. The application is declined.
Shareholders' funds
£28,912,554
Balance sheet as at 2025-11-30
What it does
The Company’s principal activity during the year under review was that of investment holding company.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1994-12-02
- Employees
- 0 (2025 accounts)
- Registered office
- 36 Glassell Park Road, Glassel Park Road, Longniddry, East Lothian, Scotland, EH32 0NY
- Postcode
- EH32 0NY
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-11-30
- Next due by
- 2027-08-31
- Financial year end
- 30 November
Confirmation statement
- Last statement dated
- 2025-10-06
- Next due by
- 2026-10-20
Nature of business (SIC)
- 29100 Manufacture of motor vehicles
Officers 5 current · 18 resigned
Previous registered addresses 8
| Address | Changed on |
|---|---|
| C/O INFINITY TAX LIMITED, 37 ALBERT STREET, ABERDEEN, AB25 1XU | 2018-06-01 |
| 16A BON ACCORD SQUARE, ABERDEEN, AB11 6DJ | 2015-09-11 |
| 12-16 ALBYN PLACE, ABERDEEN, AB10 1PS | 2014-10-29 |
| 1ST FLOOR SEABROKERS HOUSE, ARNHALL BUSINESS PARK, WESTHILL, ABERDEENSHIRE, AB32 6UF | 2010-11-01 |
| 12 QUEENS ROAD, ABERDEEN, AB15 4ZT | 2009-05-08 |
| 16 ALBYN PLACE, ABERDEEN, ABERDEENSHIRE AB10 1PS | 2002-03-29 |
| OFFSHORE TECHNOLOGY PARK, CLAYMORE DRIVE, BRIDGE OF DON, ABERDEEN AB23 8GD | 1999-09-03 |
| HOWE MOSS TERRACE, KIRKHILL INDUTSRIAL ESTATE, DYCE, ABERDEEN, AB2 0GR | 1996-12-15 |
Among its peers
Top 10%
by shareholders' funds, of 19 similar companies in EH — measured against the wider sector
3rd oldest of its local peers, trading since 1994.
The class of 1994
47%
of the 28,890 companies incorporated in 1994 are still active today; 50% have since been dissolved.
A fact about the year, not a forecast for this company.