Back to search

Sascom Products Ltd.

04048410

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

14 JOHNSONS GROVE, OLDBURY, B68 0DU
Incorporated 07/08/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade
47910
Retail sale via mail order houses or via Internet
52290
Other transportation support activities

Officers

Mr Saqib Sethi Bsc Hons

director · Since 07/08/2000

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 3 other boards

Mr Saqib Sethi Bsc Hons

secretary · Since 29/10/2001

BRITISH · ENGLAND · Age 46

Also on 3 other boards

Mrs Filza Sethi

director · Since 06/12/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Saqib Sethi

75–100% shares

British · England · Age 46

14, Johnsons Grove, Oldbury, B68 0DU

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 07/03/2022Registered 08/03/2022
Charge
satisfied

HSBC BANK PLC

Created 26/06/2018Registered 29/06/2018Satisfied 28/11/2019
Charge
outstanding

ALDERMORE BANK PLC

Created 02/03/2018Registered 05/03/2018
charge
satisfied

HSBC BANK PLC

Created 02/05/2003Registered 13/05/2003Satisfied 16/11/2016

CompanyRankvs 1182+ SIC 46900 peers
74

Financial strength86th percentile among SIC peers · 22/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 5.2× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1William Croxson & Son,Limited
90
2Wightman & Parrish Limited
90
3E.W. King & Co Limited
90
4R.J.Stokes & Co. Limited
90
5Battle,Hayward And Bower,Limited
90
6Accuride International Limited
90
7Rankins Partners Limited
90
8Pritchard Patent Product Co. Limited
90
9Joseph Gleave & Son Limited
90
10James Lister & Sons Limited
90
1182Sascom Products Ltd.
84
How is this score calculated?
Financial strength22/25 pts

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

Employees12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£255k

Balance sheet strength

Cash

£50

Cash in the bank

Net Current Assets

£218k

Working capital

Current Assets

£270k

Current Liabilities

£52k

Fixed Assets

£299k

Debtors

£144k

4avg. employees

Tax at Year End

Corp tax-£36
VAT£6k

Director Loans

Company owes directors£16k
Directors owe company£13k

Balance Sheet

Assets less current liabilities£517k
Signed by Mr SAQIB SETHI 31/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20245.20-£95k£113k
20235.16+£23k£99k
202115.47+£111k£10k
20203.22+£162k—
20191.61-£14k£45k
20183.35—£45k

Derived from filed accounts. Not audited figures.