THE ASAD COMPANY LIMITED
Company number 02320072 · Monitor this company
Executive summary
THE ASAD COMPANY LIMITED presents a mixed risk profile. While the company remains solvent with positive working capital and a compliant filing record, the sustained 81% decline in net assets over nine years—with a further sharp 44% drop in the most recent year—is a significant concern. Micro-entity filing limitations severely restrict visibility into trading performance and the drivers of this decline. The company appears to be a small family-controlled entity with minimal operational infrastructure, and an investor would need to determine whether the erosion of value reflects a deliberate wind-down strategy or an unsustainable trading position before committing capital.
Shareholders' funds
£43,283
Balance sheet as at 2024-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1988-11-21
- Employees
- 2 (2024 accounts)
- Registered office
- 5 Earls Walk, London, W8 6EP
- Postcode
- W8 6EP
- Capital
- 2 GBP
- Accounts category
- Micro
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-10-30
- Next due by
- 2026-11-13
Nature of business (SIC)
- 46470 Wholesale of furniture, carpets and lighting equipment
Officers 4 current · 3 resigned
Previous company names
| Name | Date changed |
|---|---|
| LOPSKILL LIMITED | 1989-01-16 |
Previous registered addresses 3
| Address | Changed on |
|---|---|
| ST.PAULS HOUSE, WARWICK LANE, LONDON, EC4P 4BN | 1994-07-27 |
| FAIRFAX HOUSE, FULWOOD PLACE, LONDON, WC1 | 1991-06-06 |
| 2 BACHES STREET, LONDON, N1 6UB | 1989-01-10 |
Among its peers
The oldest
of 72 similar companies in W, trading since 1988
No.15 of the largest wholesale of furniture, carpets and lighting equipment companies in London →
Competitors London
-
2. TC3 LIMITED
This company ranks 15 among wholesale of furniture, carpets and lighting equipment in London.
The class of 1988
51%
of the 20,915 companies incorporated in 1988 are still active today; 43% have since been dissolved.
A fact about the year, not a forecast for this company.