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Saras Technology Limited

03572942

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

WINDMILL HOUSE WINDMILL HOUSE, LEEDS, LS12 4NQ
Incorporated 01/06/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26309
26309

Officers

Dr Ashwain Kumar Rayit

director · Since 01/07/2006

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Mrs Rajinder Kaur Rayit

secretary · Since 01/09/2022

Mrs Manminder Rayit

director · Since 01/05/2025

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Persons with Significant Control

Dr Ashwain Kumar Rayit

Significant control

British · England · Age 60

Windmill House, Windmill House, Leeds, LS12 4NQ

Notified 01/06/2016

Mrs Rajinder Kaur Rayit

ownership-of-shares-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-trust

British · England · Age 63

Windmill House, Windmill House, Leeds, LS12 4NQ

Notified 15/06/2021

Mr Ajay Kumar Rayit

ownership-of-shares-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-trust

British · United Arab Emirates · Age 33

Windmill House, Windmill House, Leeds, LS12 4NQ

Notified 15/06/2021

Mr Roshan Kumar Rayit

ownership-of-shares-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-trust

British · England · Age 29

Windmill House, Windmill House, Leeds, LS12 4NQ

Notified 15/06/2021

Mr Amit Kumar Rayit

ownership-of-shares-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-trust

British · England · Age 36

Windmill House, Windmill House, Leeds, LS12 4NQ

Notified 15/06/2021

Former PSCs

Dr Raj Kumar Rayit

Ceased 04/02/2022

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 26/03/2008Registered 05/04/2008Satisfied 28/05/2025
charge
satisfied

MONTGOMERY PROPERTY INVESTMENTS LIMITED

Created 05/10/2005Registered 07/10/2005Satisfied 08/02/2024

CompanyRankvs 20+ SIC 26309 peers
76

Financial strength92th percentile among SIC peers · 23/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.52× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 pts

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

Liquidity20/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going conce

Key FinancialsYear ending 31/07/2025

Net Worth

£2.2M

Balance sheet strength

Cash

£2.0M

Cash in the bank

Net Current Assets

£2.2M

Working capital

Current Assets

£2.8M

Current Liabilities

£616k

Fixed Assets

£130k

Debtors

£548k

20avg. employees+5

Balance Sheet

Intangible assets£4k
Assets less current liabilities£2.3M
Signed by Dr Ashwain Rayit 20 January 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.52+£781k
20243.90+£606k
20233.47+£131k
20223.78+£32k
20213.07+£46k
20203.49+£10k
20192.67+£8k
20182.59—

Derived from filed accounts. Not audited figures.