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Renaissance By Sara Limited

09770918

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 17 ORBITAL 25 BUSINESS PARK, WATFORD, WD18 9DA
Incorporated 10/09/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47710
Retail sale of clothing in specialised stores

Officers

Mr Sajjid Patel

director · Since 01/05/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr Sajjid Patel

75–100% shares

British · England · Age 42

Unit 17 Orbital 25 Business Park, Dwight Road, Watford, WD18 9DA

Notified 17/09/2018

Former PSCs

Mrs Shehnaz Moosa Patel

Ceased 01/11/2017

Mr Samir Abdul Kader Patel

Ceased 17/09/2018

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 29/08/2019Registered 29/08/2019
Charge
outstanding

LLOYDS BANK PLC

Created 29/08/2019Registered 29/08/2019

CompanyRankvs 9878+ SIC 47710 peers
31

Financial strength3th percentile among SIC peers · 1/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees12/15 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.

Longevity11/15 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

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£151k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£258k

Working capital

Current Assets

£15k

Current Liabilities

£274k

Fixed Assets

£397k

3avg. employees

Balance Sheet

Assets less current liabilities£139k
Signed by Mr Sajjid Patel 26/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.06-£8k
2023-£8k
2022+£11k
2021-£20k
2020-£61k
2019-£69k

Derived from filed accounts. Not audited figures.