Sheffield Industrial Saws Limited
06848135
Notable Risks
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Active insolvency proceedings (-20)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 26/06/2025
Due 10/07/2026
Industry
Officers
director · Since 09/02/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 8 other boards
Persons with Significant Control
Mr Donqing Yang
Chinese · China · Age 63
29-30, Frith Street, London, W1D 5LG
Notified 16/03/2018
Former PSCs
Mr Anthony David Lockey
Ceased 26/08/2022
Charges1 outstanding
ANTHONY DAVID LOCKEY
ANTHONY DAVID LOCKEY
STATE SECURITIES PLC
BIBBY FINANCIAL SERVICES LIMITED AS SECURITY TRUSTEE
Insolvency History1 case
Yin Lie Lee (practitioner)
CompanyRankvs 8788+ SIC 32990 peers30
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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
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£1.1M
Balance sheet strength
Cash
£50k
Cash in the bank
Net Current Assets
-£1.2M
Working capital
Current Assets
£1.3M
Current Liabilities
£2.6M
Fixed Assets
£162k
Debtors
£385k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.52 | -£442k |
| 2023 | 0.69 | -£391k |
| 2022 | 0.72 | -£584k |
| 2020 | 1.05 | — |
Derived from filed accounts. Not audited figures.