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Sitara Textiles (Uk) Ltd

07649032

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

UNIT 1C REGENCY COURT, 2A HIGH STREET, BIRMINGHAM, B14 7SW
Incorporated 26/05/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs. Rahila Altaf

director · Since 05/10/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Mr Altaf Hussain

director · Since 14/12/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Mr Altaf Hussain

75–100% shares

British · England · Age 54

Unit 1c Regency Court, 2a, High Street, Birmingham, B14 7SW

Notified 14/12/2018

Former PSCs

Altaf Hussain

Ceased 06/10/2018

Mrs. Rahila Altaf

Ceased 14/12/2018

Mrs. Rizwan Zakir

Ceased 14/12/2018

Charges6 outstanding

Charge
outstanding

HABIB BANK ZURICH PLC

Created 14/05/2019Registered 16/05/2019
Charge
outstanding

HABIB BANK ZURICH PLC

Created 11/05/2017Registered 18/05/2017
Charge
outstanding

HABIB BANK ZURICH PLC

Created 11/05/2017Registered 12/05/2017
Charge
outstanding

HABIB BANK ZURICH PLC

Created 11/05/2017Registered 12/05/2017
charge
outstanding

HABIB BANK AG ZURICH

Created 02/03/2012Registered 08/03/2012
charge
outstanding

HABIB BANK AG ZURICH

Created 02/03/2012Registered 08/03/2012

CompanyRankvs 42476+ SIC 68209 peers
56

Financial strength89th percentile among SIC peers · 22/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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42476Sitara Textiles (Uk) Ltd
66
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.

Employees12/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

£513k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£504k

Working capital

Current Assets

£121k

Current Liabilities

£625k

Fixed Assets

£1.4M

2avg. employees

Balance Sheet

Assets less current liabilities£901k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.19+£0
20250.19+£76k
20240.20+£35k
20230.26+£48k
20220.71-£21k
20210.45+£28k
20200.41+£17k
20190.37+£15k
20180.34—

Derived from filed accounts. Not audited figures.