Proposed Company Limited
02679782
Some Concerns
- Active insolvency proceedings (-20)
- 14 outstanding charges (-10)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
29/12/2026
Confirmation statement
Last: 22/01/2026
Due 05/02/2027
Industry
Officers
secretary · Since 01/06/2011
director · Since 01/08/2011
FACILITY PROVIDER
BRITISH · ENGLAND · Age 65
Also on 5 other boards
Persons with Significant Control
Mr Hitesh Jayantilal Patel
British · England · Age 65
25, Poole Road, London, E9 7AE
Notified 22/01/2017
Sagamount Limited
334 - 336 Goswell Road, Goswell Road, London, EC1V 7RP
Reg: 03083953 · England & Wales · Limited Company
Notified 28/10/2022
Charges14 outstanding
LLOYDS BANK
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PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED
PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED
PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED
PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED
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NATIONAL WESTMINSTER BANK PLC
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Insolvency History5 cases
Louisa Jane Brooks (receiver manager) · Jonathan Howard Gershinson (receiver manager)
Louisa Jane Brooks (receiver manager) · Jonathan Howard Gershinson (receiver manager)
Louisa Jane Brooks (receiver manager) · Jonathan Howard Gershinson (receiver manager)
Louisa Jane Brooks (receiver manager) · Jonathan Howard Gershinson (receiver manager)
Louisa Jane Brooks (receiver manager) · Jonathan Howard Gershinson (receiver manager)
CompanyRankvs 5177+ SIC 41100 peers57
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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
Outstanding charges: -10 pts
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£10.7M
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£3.1M
Working capital
Current Assets
£3.3M
Current Liabilities
£260k
Fixed Assets
£7.6M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 12.73 | +£385k |
| 2024 | 11.81 | +£132k |
| 2023 | 12.20 | -£356k |
| 2022 | 8.35 | +£583k |
| 2021 | 4.39 | -£64k |
| 2020 | 5.33 | +£1.2M |
| 2019 | 2.18 | — |
Derived from filed accounts. Not audited figures.