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Sarla Foundation

08791832

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

28 KNIGHTON ROAD, LEICESTER, LE2 3HH
Incorporated 27/11/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

94990
Activities of other membership organisations

Officers

Mr Ashok Kumar Verma

director · Since 27/11/2013

DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 20 other boards

Persons with Significant Control

Mr Ashok Kumar Verma

Significant control

British · England · Age 77

28, Knighton Road, Leicester, LE2 3HH

Notified 27/11/2016

CompanyRankvs 7021+ SIC 94990 peers
22

Financial strength4th percentile among SIC peers · 1/25
Employees18th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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7021Sarla Foundation
31
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.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern There are no material uncertainties about the charity's ability to continue. Disclosure exemptions The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. A

Key FinancialsYear ending 30/11/2024

Net Worth

-£32k

Balance sheet strength

Cash

£875

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

—

Current Liabilities

£30k

0avg. employees

Director Loans

Company owes directors£2k

Balance Sheet

Assets less current liabilities-£29k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023_Charity

EstimatesDerived

YearCurrent RatioImplied Profit
2024—-£52k
20230.40+£19k
20221.09—
20212.00—
20202.22—
201912.48—
20181.62—

Derived from filed accounts. Not audited figures.