The Firmwatch take
Cassadys Limited (08226099) currently shows: At risk signal detected, based on accounts to 6 October 2023; last refreshed 24 May 2026. Net liabilities of £76k — assets do not cover obligations.
Companies House source·Accounts to 06 Oct 2023·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
1 public risk event on file
Incorporated
24 September 2012
13 years on the register
Sector
Solicitors
SIC 69102
Size
Not classified
Net assets
−£76k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Risk events
1 on file
Public Gazette / Companies House
Insolvency risk
Critical insolvency risk
The public financial signals are severe. Review filings, events and director links before making a decision involving this company.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Money
What the balance sheet says
Net assets
−£76k
Bottom 10% in sector · sector median £1k · 90 filers in this sector
Cash
Not disclosed
Working cap.
−£41k
Median £9k
Current ratio
0.3×
Median 1.1×
Signals · 4
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Sector benchmark · Legal
How this company compares in 90 filers in this sector
Bottom 10% in sector — Cassadys Limited shows −£76k in net assets. Sector median is £1k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Risk events · monitored daily
1 event on the watchtower
- 16 Sept 2024
First gazette notice
London Gazette
Get alerted on any new event
If a new Gazette notice, insolvency filing or court order is published for Cassadys Limited, we'll email you once.
Address pattern · WC1V 7QH
108 other UK companies registered at this postcode.
Active
93
Dissolved
6
Strike-off action
3
Recent activity
Filings and risk events
- 16 Sept 2024First gazette notice
People
Who runs this company
- CK
CASSAD, Kaizad
director · since 2012
- CK
CASSAD, Kaizad
secretary · since 2012
Registered office
Address intelligence
108 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.