Sip Limited
02185735
Healthy
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 14/06/2025
Due 28/06/2026
Industry
Officers
director · Since 11/10/2018
BUSINESS ANALYST
AMERICAN · UNITED STATES · Age 59
director · Since 01/06/2021
ADMINISTRATOR
BRITISH · UNITED KINGDOM · Age 62
Also on 1 other board
Mr Nigel Anthony Adams
director · Since 14/06/2026
BRITISH · UNITED KINGDOM · Age 63
Mr David John Smith
director · Since 21/09/2026
BRITISH · ENGLAND · Age 56
Former
secretary · Resigned 31/03/2016
director · Resigned 16/08/2017
director · Resigned 27/09/2019
director · Resigned 14/06/2021
director · Resigned 09/12/2022
director · Resigned 31/03/2023
director · Resigned 20/04/2026
Persons with Significant Control
Ms Suzanna Jane Oliver
British · United Kingdom · Age 62
#270, China Works, London, SE1 7SJ
Notified 14/06/2026
Former PSCs
Mr Michael Kenneth Douglas Hind
Ceased 14/06/2026
Charges1 outstanding
RBS INVOICE FINANCE LIMITED
NATIONAL WESTMINSTER BANK PLC
Change History
Active
Private Limited Company
#270 CHINA WORKS
LONDON
CompanyRankvs 15+ SIC 46711 peers69
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/12/2025
Turnover
£28.8M
Annual revenue
Net Worth
£5.8M
Balance sheet strength
Cash
£2.5M
Cash in the bank
Profit Before Tax
£158k
Bottom line earnings
Net Current Assets
£6.1M
Working capital
Current Assets
£8.8M
Current Liabilities
£2.7M
Fixed Assets
£59k
Debtors
£2.7M
Cost of Sales
£25.0M
Gross Profit
£3.7M
Admin Expenses
£3.5M
Operating Profit
£277k
Profit After Tax
£228k
Tax at Year End
People Costs(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.27 | +£128k |
| 2024 | 1.92 | +£325k |
| 2023 | 2.00 | — |
Derived from filed accounts. Not audited figures.