Sarovar Corporation Limited
09904951
Some Concerns
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 06/12/2025
Due 20/12/2026
Industry
Officers
Persons with Significant Control
Mr Akshay Kanda
British · England · Age 31
1a, George Street, Wolverhampton, WV2 4DP
Notified 06/04/2016
Charges1 outstanding
ASHWIN GOVINDJI KAGDADIA
CompanyRankvs 115+ SIC 24410 peers27
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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 31/03/2025
Net Worth
-£93k
Balance sheet strength
Cash
£14k
Cash in the bank
Net Current Assets
-£208k
Working capital
Current Assets
£49k
Current Liabilities
£257k
Fixed Assets
£395k
Debtors
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.19 | +£1k |
| 2024 | 0.08 | -£17k |
| 2023 | 0.04 | -£21k |
| 2022 | 0.04 | -£14k |
| 2021 | 0.14 | -£49k |
| 2020 | 0.25 | +£15k |
| 2019 | 0.40 | — |
Derived from filed accounts. Not audited figures.