Sqib Limited
08528951
High Risk
- Accounts filing overdue (-15)
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- Active insolvency proceedings (-20)
- 9 outstanding charges (-10)
Details
Compliance
Last accounts
31/03/2025
group
Next accounts due
28/12/2026
Confirmation statement
Last: 19/06/2026
Due 03/07/2027
Industry
Officers
secretary · Since 05/12/2022
Former
secretary · Resigned 18/09/2015
secretary · Resigned 05/12/2022
Persons with Significant Control
Armatire Limited
45, Westerham Road, Sevenoaks, TN13 2QB
Reg: 09940284 · Companies House · Limited By Shares
Notified 24/04/2017
Tilborne Limited
45, Westerham Road, Sevenoaks, TN13 2QB
Reg: 09940170 · Companies House · Limited By Shares
Notified 24/04/2017
Ozbury Limited
45, Westerham Road, Sevenoaks, TN13 2QB
Reg: 09940154 · Companies House · Limited By Shares
Notified 24/04/2017
Charges9 outstanding
NC FINANCE LIMITED
GLAS TRUST CORPORATION LIMITED
GLAS TRUST CORPORATION LIMITED
GLAS TRUST CORPORATION LIMITED
MARKERSTUDY LIMITED
GLAS TRUST CORPORATION LIMITED
MARKERSTUDY LIMITED
GLAS TRUST CORPORATION LIMITED
GLAS TRUST CORPORATION LIMITED
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 14409+ SIC 70100 peers5
Show leaderboard
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
conclusion of these discussions is not wholly within the Group's control and therefore represents a material uncertainty that may cast significant doubt on the Group's ability to continue as a going concern. The financial statements have been prepared on the going concern basis as the director and majority shareholder K R Spencer has undertaken to provide financial support, as required, to enable
Key FinancialsYear ending 31/03/2025
Net Worth
-£79.2M
Balance sheet strength
Cash
£275k
Cash in the bank
Net Current Assets
-£127.4M
Working capital
Current Assets
£70.1M
Current Liabilities
£197.5M
Fixed Assets
£49.2M
Debtors
£16.3M
Profit After Tax
-£10.4M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.36 | -£10.2M |
| 2024 | 0.76 | -£77.3M |
| 2023 | 0.77 | — |
Derived from filed accounts. Not audited figures.