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Satisfy Polishing Limited

06928390

active
ltd
england wales
Companies House
Confirmation statement overdue
Health Score
60 / 100

Some Concerns

20/30
Filing
0/30
Financial
40/40
Risk
  • Confirmation statement overdue (-10)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

4th Floor Building 32-34 Greville Street, Hatton Garden, Farringdon, EC1N 8TB
Incorporated 09/06/2009

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 09/06/2025

Due 23/06/2026

Overdue

Industry

32120
Manufacture of jewellery and related articles

Officers

Mr Satish Kumar Bhundoo

director · Since 09/06/2009

JEWELLERY POLISHER

BRITISH · ENGLAND · Age 60

Also on 1 other board

Satish Kumar Bhundoo

director · Since 09/06/2009

British · England · Age 60

Persons with Significant Control

Mr Satish Kumar Bhundoo

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

British · England · Age 60

4th Floor Building 32-34, Greville Street, Farringdon, EC1N 8TB

Notified 06/04/2016

Change History

statusactive
2026-07-08

Active

typeltd
2026-07-08

Private Limited Company

address line14th Floor Building 32-34 Greville Street
2026-07-08

4TH FLOOR BUILDING 32-34 GREVILLE STREET

post townFarringdon
2026-07-08

FARRINGDON

CompanyRankvs 1668+ SIC 32120 peers
37

Financial strength3th percentile among SIC peers · 1/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceOne filing overdue · 5/15
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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.

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 compliance5/15 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 30/06/2025

Net Worth

-£72k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£67k

Working capital

Current Assets

£10k

Current Liabilities

£77k

Fixed Assets

£3k

4avg. employees

Balance Sheet

Assets less current liabilities-£63k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.13+£0
20250.13-£36k
20240.55+£3k
20230.54

Derived from filed accounts. Not audited figures.