Sqib Limited
08528951
High Risk
- Accounts filing overdue (-15)
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- Active insolvency proceedings (-20)
- 9 outstanding charges (-10)
Details
Compliance
Last accounts
31/03/2024
group
Next accounts due
28/12/2025
Confirmation statement
Last: 11/06/2025
Due 25/06/2026
Industry
Officers
director · Since 14/05/2013
DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 87 other boards
director · Since 14/05/2013
DIRECTOR
BRITISH · UNITED KINGDOM · Age 61
Also on 39 other boards
director · Since 14/05/2013
DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 65 other boards
secretary · Since 05/12/2022
director · Since 05/12/2022
FINANCIAL CONTROLLER
BRITISH · ENGLAND · Age 51
Also on 56 other boards
secretary · Since 05/12/2022
Former
secretary · Resigned 18/09/2015
secretary · Resigned 05/12/2022
Persons with Significant Control
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Ozbury Limited
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Notified 24/04/2017
Charges9 outstanding
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MARKERSTUDY LIMITED
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INVESTEC BANK PLC
SANTANDER UK PLC
DEUTSCHE BANK LUXEMBOURG S.A.
Insolvency History1 case
Paul Robert Appleton (practitioner) · Adam Shama (practitioner)
Change History
Active
Private Limited Company
45 WESTERHAM ROAD
SEVENOAKS
CompanyRankvs 188860+ SIC 70100 peers4
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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
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to note 1.4 in the financial statements concerning the group’s and the company’s ability to continue as a going concern . The group made a loss before taxation o
Key FinancialsYear ending 31/03/2024
Net Worth
-£69.0M
Balance sheet strength
Cash
£154k
Cash in the bank
Net Current Assets
-£27.4M
Working capital
Current Assets
£84.1M
Current Liabilities
£111.0M
Fixed Assets
£368k
Debtors
£19.0M
Cost of Sales
£23.2M
Profit After Tax
-£9.2M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.76 | -£77.3M |
| 2023 | 0.77 | +£26.3M |
| 2021 | 3.63 | — |
Derived from filed accounts. Not audited figures.