Sandpit Systems Limited
04542567
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 23/09/2025
Due 07/10/2026
Industry
Officers
director · Since 23/09/2002
COMPUTER CONSULTANT
ITALIAN · ENGLAND · Age 59
Also on 4 other boards
Former
corporate nominee secretary · Resigned 23/09/2002
corporate nominee director · Resigned 23/09/2002
secretary · Resigned 28/10/2011
secretary · Resigned 25/09/2017
Persons with Significant Control
Mr Steven Velletri
British · England · Age 59
35 Cardigan Street, Suffolk, IP1 3PF
Notified 06/04/2016
Charges2 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
Change History
Active
Private Limited Company
35 CARDIGAN STREET
SUFFOLK
CompanyRankvs 19347+ SIC 62090 peers50
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£150k
Balance sheet strength
Cash
£17k
Cash in the bank
Net Current Assets
-£882k
Working capital
Current Assets
£46k
Current Liabilities
£927k
Fixed Assets
£1.1M
Debtors
£28k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.05 | -£18k |
| 2024 | 0.58 | +£55k |
| 2023 | 0.56 | — |
Derived from filed accounts. Not audited figures.