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Sip Services Europe Limited

05051098

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
40 / 100

Notable Risks

0/30
Filing
0/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

2 Hollybush Close, Watford, WD19 4RR
Incorporated 20/02/2004

Previously known as

Adgam Trading Limited · until 31/03/2014
Sip Services Europe Limited · until 14/03/2014
Wininstall Europe Limited · until 18/05/2007

Compliance

Last accounts

30/06/2023

total exemption full

Accounts

Overdue

Confirmation statement

Last: 27/08/2024

Due

On track

Industry

62090
Other information technology service activities

Officers

Mr. Raymond Gilbert Russell Glover

secretary · Since 20/02/2004

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 82

Also on 30 other boards

Mr Raymond Gilbert Russell Glover

director · Since 20/02/2004

BUSINESSMAN

BRITISH · ENGLAND · Age 82

Also on 3 other boards

Raymond Gilbert Russell Glover

secretary · Since 20/02/2004

British

Raymond Gilbert Russell Glover

director · Since 20/02/2004

British · England · Age 82

Former

Jonathan Glover

director · Resigned 27/08/2024

Persons with Significant Control

Mr Jonathan Glover

50–75% shares

British · England · Age 51

2, Hollybush Close, Watford, WD19 4RR

Notified 12/01/2017

Change History

status → active
2026-06-14

Active - Proposal to Strike off

type → ltd
2026-06-14

Private Limited Company

address line1 → 2 Hollybush Close
2026-06-14

2 HOLLYBUSH CLOSE

post town → Watford
2026-06-14

WATFORD

CompanyRankvs 64015+ SIC 62090 peers
24

Financial strength5th percentile among SIC peers · 1/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAccounts and CS overdue · 0/15
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64015Sip Services Europe Limited
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How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 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 compliance0/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

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

Key FinancialsYear ending 30/06/2023

Net Worth

-£56k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

£43k

Current Liabilities

£72k

Debtors

£42k

0avg. employees

Balance Sheet

Assets less current liabilities-£29k
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent Ratio
20230.60

Derived from filed accounts. Not audited figures.