Satco Plastics Limited
05603745
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 26/09/2025
Due 10/10/2026
Industry
Officers
director · Since 26/10/2005
PROPOSED DIRECTOR
BRITISH · UNITED KINGDOM · Age 75
Also on 1 other board
Former
corporate nominee director · Resigned 26/10/2005
corporate nominee secretary · Resigned 26/10/2005
Persons with Significant Control
Mr Sultan Hassanali Asaria
British · England · Age 75
Satco House, Foster Avenue Dunstable, LU5 5GN
Notified 06/04/2016
Mrs Farida Sultan Asaria
British · England · Age 71
Satco House, Foster Avenue Dunstable, LU5 5GN
Notified 01/01/2022
Charges2 outstanding
HABIB BANK AG ZURICH
HABIB BANK AG ZURICH
Change History
Active
Private Limited Company
SATCO HOUSE
FOSTER AVENUE DUNSTABLE
CompanyRankvs 397+ SIC 22290 peers65
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/03/2025
Turnover
£34.3M
Annual revenue
Net Worth
£15.6M
Balance sheet strength
Cash
£4.4M
Cash in the bank
Profit Before Tax
£5.7M
Bottom line earnings
Net Current Assets
£4.6M
Working capital
Current Assets
£10.4M
Current Liabilities
£5.8M
Fixed Assets
£13.0M
Debtors
£5.1M
Cost of Sales
£19.6M
Gross Profit
£14.7M
Admin Expenses
£8.4M
Operating Profit
£5.6M
Profit After Tax
£4.2M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.80 | +£1.6M |
| 2024 | 2.19 | +£1.6M |
| 2023 | 1.65 | — |
Derived from filed accounts. Not audited figures.