# DIRECT ASSETS LIMITED (11231672)

> DIRECT ASSETS LIMITED is an active private limited company (company number 11231672) incorporated on 1 March 2018, registered in Bognor Regis. Its registered activity is agents involved in the sale of machinery, industrial equipment, ships and aircraft (SIC 46140). Latest small accounts cover the period ending 31 March 2025, showing net assets of £137k and cash of £142k, with 1 employee on average. Net assets rose 7% on the prior period (£127k).

- Status: Active
- Incorporated: 2018-03-01
- Registered office: Bognor Regis, PO22 9SL
- SIC 46140: Agents involved in the sale of machinery, industrial equipment, ships and aircraft
- SIC 46690: Wholesale of other machinery and equipment
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-15
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 2,534 comparable companies in the UK (median £20k, upper quartile £174k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £137k | £142k | £80k | £118k | — | — | 1 |
| 2024-03-31 | £127k | £74k | £84k | £54k | — | — | 1 |

current ratio 1.88; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £136,584 at 31 March 2025
- Current assets at least 1.5× creditors within one year: Current ratio 1.88
- Cash at bank of £50,000 or more: Cash £142,141
- Incorporated five or more years ago: Incorporated 1 March 2018

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Kieran Simon Thomas — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2018-03-01

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/11231672
HTML: https://firmoscan.com/company/11231672-direct-assets-limited