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Sahara Ventures Limited

03626915

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

26 STATION ROAD, WATFORD, WD17 1JU
Incorporated 04/09/1998

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

24/07/2026

On track

Confirmation statement

Last: 26/07/2025

Due 09/08/2026

On track

Industry

68100
Buying and selling of own real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Rajinder Singh Banga

director · Since 12/07/2020

ENTREPRENEUR

BRITISH · UNITED KINGDOM · Age 63

Also on 15 other boards

Persons with Significant Control

Mrs Banita Banga

25–50% shares
25–50% votes

British · England · Age 57

26, Station Road, Watford, WD17 1JU

Notified 06/04/2016

Mr Rajinder Singh Banga

Significant control

British · United Kingdom · Age 63

26, Station Road, Watford, WD17 1JU

Notified 12/07/2020

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 07/05/2000Registered 18/05/2000

CompanyRankvs 76142+ SIC 68100 peers
39

Financial strength14th percentile among SIC peers · 4/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.71× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength4/25 pts

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

Employees9/15 pts

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

Liquidity6/20 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 31/10/2024

Net Worth

-£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£36k

Current Liabilities

£50k

Fixed Assets

£380k

1avg. employees

Balance Sheet

Assets less current liabilities£366k
Signed by Mr Rajinder Banga 29 October 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.71-£28k
20231.30-£4k
20221.10-£3k
20212.03+£3k
20201.94-£968
20192.17-£23k
20181.61

Derived from filed accounts. Not audited figures.