Sphere Properties Limited
09243109
High Risk
- Accounts filing overdue (-15)
- Confirmation statement overdue (-10)
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 5 outstanding charges (-10)
Details
Compliance
Last accounts
31/03/2023
micro entity
Next accounts due
31/12/2024
Confirmation statement
Last: 22/10/2024
Due 05/11/2025
Industry
Officers
Former
director · Resigned 01/10/2014
director · Resigned 22/08/2015
Persons with Significant Control
Mr Gulabrai Sugnomal Aswani
Singaporean · Singapore · Age 72
Clayton Finance Limited, Office No. Lg8, London, W1W 5DT
Notified 06/04/2016
Charges5 outstanding
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Change History
Active - Proposal to Strike off
Private Limited Company
173 CLEVELAND STREET
LONDON
CompanyRankvs 307144+ SIC 68209 peers14
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2023
Net Worth
-£162k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£92k
Working capital
Current Assets
£1k
Current Liabilities
£94k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.02 | -£22k |
| 2022 | 0.06 | -£385 |
| 2021 | 0.70 | -£7k |
| 2020 | 0.94 | -£11k |
| 2019 | 0.66 | — |
Derived from filed accounts. Not audited figures.