Saras Technology Limited
03572942
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/07/2025
total exemption full
Next accounts due
30/04/2027
Confirmation statement
Last: 22/03/2026
Due 05/04/2027
Industry
Officers
director · Since 01/07/2006
COMPANY DIRECTOR
BRITISH · ENGLAND
Also on 2 other boards
secretary · Since 01/09/2022
secretary · Since 01/09/2022
Former
nominee secretary · Resigned 01/06/1998
director · Resigned 02/07/2003
secretary · Resigned 02/07/2003
director · Resigned 01/07/2006
director · Resigned 04/02/2021
secretary · Resigned 01/09/2022
Persons with Significant Control
Dr Ashwain Kumar Rayit
British · England
Notified 01/06/2016
Mrs Rajinder Kaur Rayit
British · England
Notified 15/06/2021
Mr Ajay Kumar Rayit
British · United Arab Emirates
Notified 15/06/2021
Mr Roshan Kumar Rayit
British · England
Notified 15/06/2021
Mr Amit Kumar Rayit
British · England
Notified 15/06/2021
Former PSCs
Dr Raj Kumar Rayit
Ceased 04/02/2022
Charges0 outstanding
NATIONAL WESTMINSTER BANK PLC
MONTGOMERY PROPERTY INVESTMENTS LIMITED
Change History
Active
Private Limited Company
WINDMILL HOUSE WINDMILL HOUSE
LEEDS
CompanyRankvs 22+ SIC 26309 peers76
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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
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.52 | +£781k |
| 2024 | 3.90 | +£606k |
| 2023 | 3.47 | — |
Derived from filed accounts. Not audited figures.