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Sits (Blackheath) Ltd

03255186

active
Private Limited Company
Companies House
Health Score
57 / 100

Notable Risks

25/30
Filing
0/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

NEW BURLINGTON HOUSE, LONDON, NW11 0PU
Incorporated 26/09/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Joseph Isaac Sternlight

secretary · Since 02/10/1996

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 67 other boards

Mr Joseph Isaac Sternlight

director · Since 02/10/1996

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 67 other boards

Persons with Significant Control

Mr Ephraim Frankel

25–50% shares

British · England · Age 40

76, Woodlands, London, NW11 9QU

Notified 06/04/2016

Mr Joseph Isaac Sternlight

25–50% shares
75–100% votes

British · England · Age 70

104, Bridge Lane, London, NW11 0ER

Notified 06/04/2016

Bitochon Ltd

25–50% shares

126, Bridge Lane, London, NW11 9JS

Reg: 02718572 · Companies House · Corporate

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

COMMERCIAL ACCEPTANCES LIMITED

Created 14/12/2023Registered 19/12/2023
Charge
outstanding

COMMERCIAL ACCEPTANCES LIMITED

Created 14/12/2023Registered 19/12/2023
Charge
outstanding

COMMERCIAL ACCEPTANCES LIMITED

Created 03/08/2023Registered 04/08/2023
Charge
outstanding

COMMERCIAL ACCEPTANCES LIMITED

Created 03/08/2023Registered 04/08/2023
Charge
satisfied

WS LONDON MANAGEMENT LIMITED

Created 29/09/2016Registered 07/10/2016Satisfied 16/08/2023
charge
satisfied

NORTHERN ROCK PLC

Created 28/09/2001Registered 05/10/2001Satisfied 03/03/2023
charge
satisfied

UNITED MIZRAHI BANK LIMITED

Created 12/11/1996Registered 19/11/1996Satisfied 12/10/2001
charge
satisfied

UNITED MIZRAHI BANK LIMITED

Created 12/11/1996Registered 19/11/1996Satisfied 12/10/2001

CompanyRankvs 63844+ SIC 41100 peers
24

Financial strength1th percentile among SIC peers · 0/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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63844Sits (Blackheath) Ltd
34
How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Turnover

£1k

Annual revenue

Net Worth

-£765k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£2.1M

Working capital

Current Assets

£159k

Current Liabilities

£2.3M

Fixed Assets

£1.4M

Profit After Tax

-£137k

0avg. employees-1

Balance Sheet

Assets less current liabilities-£765k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.07-£137k
20230.22-£126k
20220.23-£57k
20210.12-£62k
20200.13-£60k
20190.14-£59k
20180.19—

Derived from filed accounts. Not audited figures.