Back to search

Sivika Associates Ltd

08603593

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
61 / 100

Some Concerns

25/30
Filing
20/30
Financial
16/40
Risk
  • No accounts filed in last 18 months (-5)
  • Active insolvency proceedings (-20)
  • 2 outstanding charges (-4)

Details

250 IMPERIAL DRIVE, HARROW, HA2 7HJ
Incorporated 10/07/2013

Compliance

Last accounts

31/07/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 05/09/2025

Due 19/09/2026

On track

Industry

41100
Development of building projects
42990
Construction of other civil engineering projects
43390
Other building completion and finishing
68209
Other letting and operating of own or leased real estate

Officers

Mr Arulkumaran Kandasamy

director · Since 10/07/2013

CONSULTANT

BRITISH · ENGLAND · Age 44

Also on 11 other boards

Persons with Significant Control

Mr Arulkumaran Kandasamy

75–100% shares

British · England · Age 44

250, Imperial Drive, Harrow, HA2 7HJ

Notified 01/07/2016

Charges2 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 23/08/2022Registered 26/08/2022
Charge
outstanding

BARCLAYS BANK PLC

Created 10/06/2015Registered 15/06/2015
Charge
satisfied

A.I.S.N LIMITED

Created 09/05/2014Registered 28/05/2014Satisfied 20/01/2016

Insolvency History1 case

receiver manager

Henry Johnson (receiver manager) · Ross Timothy Freese (receiver manager)

CompanyRankvs 35115+ SIC 41100 peers
33

Financial strength85th percentile among SIC peers · 21/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.22× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
Show leaderboard
1French & Jupps Limited
90
2Amalgamated Properties Limited
90
3F.C. Stark Limited
90
4Hitchin Property Trust Limited(The)
90
5Exepex Estates Limited
90
6London & Western Holdings Plc
90
7Robert Dixon Limited
90
8Rayners (Buildings) Limited
90
9G.W.Proudfoot Limited
90
10Taylor Lindsey Limited
90
35115Sivika Associates Ltd
52
How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 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.

Longevity13/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/07/2024

Net Worth

£212k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£264k

Working capital

Current Assets

£76k

Current Liabilities

£340k

Fixed Assets

£1.4M

0avg. employees-1

Balance Sheet

Assets less current liabilities£1.1M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.22+£46k
20230.17+£40k
20220.20+£34k
20210.24+£9k
20200.22+£8k
20190.28+£8k
20180.44—

Derived from filed accounts. Not audited figures.