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Saga Technology Limited

06318637

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

60 HIGH ROAD, ROMFORD, RM6 6PP
Incorporated 19/07/2007

Compliance

Last accounts

31/07/2025

micro entity

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 19/02/2026

Due 05/03/2027

On track

Industry

62020
Information technology consultancy activities
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mrs Meena Kumar

director · Since 29/08/2007

BUSINESS

INDIAN · ENGLAND · Age 51

Also on 1 other board

Mr Sushil Kumar

director · Since 29/08/2007

BUSINESS

BRITISH · ENGLAND · Age 58

Also on 2 other boards

Mr Sushil Kumar

secretary · Since 01/10/2011

Also on 2 other boards

Persons with Significant Control

Mr Sushil Kumar

25–50% shares
25–50% votes
Appoint directors

British · England · Age 58

60, High Road, Romford, RM6 6PP

Notified 06/04/2016

Mrs Meena Kumar

25–50% shares

British · England · Age 51

60, High Road, Romford, RM6 6PP

Notified 01/08/2016

Former PSCs

Mrs Meena Kumar

Ceased 10/02/2023

Mr Sushil Kumar

Ceased 10/02/2023

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 09/12/2015Registered 11/12/2015Satisfied 16/09/2022
Charge
satisfied

LLOYDS BANK PLC

Created 23/10/2015Registered 10/11/2015Satisfied 19/09/2023
Charge
satisfied

LANCASHIRE MORTGAGE CORPORATION LIMITED

Created 16/06/2015Registered 20/06/2015Satisfied 10/12/2015
Charge
satisfied

LANCASHIRE MORTGAGE CORPORATION LIMITED

Created 16/06/2015Registered 20/06/2015Satisfied 10/12/2015

CompanyRankvs 23218+ SIC 62020 peers
68

Financial strength87th percentile among SIC peers · 22/25
Employees90th percentile among SIC peers · 14/15
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 strength22/25 pts

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

Employees14/15 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 31/07/2025

Net Worth

£100k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£438k

Working capital

Current Assets

£13k

Current Liabilities

£451k

Fixed Assets

£538k

3avg. employees-2

Tax at Year End(2018)

Corp tax£702
VAT£2k

Director Loans(2018)

Company owes directors£415k

Balance Sheet

Assets less current liabilities£100k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.03-£12k
20240.04-£3k
20230.09+£30k
20220.15+£3k
20210.27+£16k
20200.20+£20k
20190.15+£9k
20180.77£35k

Derived from filed accounts. Not audited figures.