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Signature Leather Limited

05589833

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

9 Chestnut Court, Parc Menai, Bangor, LL57 4FH
Incorporated 12/10/2005

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 12/10/2025

Due 26/10/2026

On track

Industry

14110
Manufacture of leather clothes

Officers

Saraswati Wadhia

director · Since 25/01/2008

PROJECT COORDINATOR

BRITISH · UNITED KINGDOM · Age 65

Also on 1 other board

Mr Timothy Charles Penn

director · Since 01/04/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Mr Tim Penn

secretary · Since 12/10/2013

Saraswati Wadhia

director · Since 25/01/2008

British · United Kingdom · Age 65

Timothy Charles Penn

director · Since 01/04/2013

British · United Kingdom · Age 72

Tim Penn

secretary · Since 12/10/2013

Former

Swift Incorporations Limited

corporate nominee secretary · Resigned 12/10/2005

Timothy Charles Penn

director · Resigned 25/01/2008

Copson Grandfield

secretary · Resigned 12/10/2012

Persons with Significant Control

Ms Saraswati Wadhia

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 65

15, Bryn Llywelyn, Corwen, LL21 0BE

Notified 01/08/2016

Mr Timothy Charles Penn

Appoint directors

British · United Kingdom · Age 72

15 Bryn Llywelyn, Corwen, LL21 0BE

Notified 01/08/2016

Change History

statusactive
2026-06-13

Active

typeltd
2026-06-13

Private Limited Company

address line19 Chestnut Court
2026-06-13

9 CHESTNUT COURT

post townBangor
2026-06-13

BANGOR

officer appointedPENN, Tim
2026-06-13
officer appointedPENN, Timothy Charles
2026-06-13
officer appointedWADHIA, Saraswati
2026-06-13

CompanyRankvs 139+ SIC 14110 peers
38

Financial strength4th percentile among SIC peers · 1/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees5/15 pts

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

Liquidity2/20 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.

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

-£40k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£40k

Working capital

Current Assets

£1k

Current Liabilities

£41k

Fixed Assets

£525

0avg. employees

Balance Sheet

Assets less current liabilities-£40k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03-£7k
20240.02-£1k
20230.00-£8k
20220.04-£4k
20210.03-£5k
20200.22-£7k
20190.23

Derived from filed accounts. Not audited figures.