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Sears Accountants Limited

09995825

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

6 STATION PARADE, HARROW, HA2 8HB
Incorporated 09/02/2016

Compliance

Last accounts

31/07/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 09/04/2026

Due 23/04/2027

On track

Industry

69201
Accounting and auditing activities
69202
Bookkeeping activities

Officers

Mr Mir Ahmad Sear Sadat

director · Since 08/04/2020

CHARTERED CERTIFIED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 36

Also on 3 other boards

Persons with Significant Control

Mr Mir Ahmad Sear Sadat

75–100% shares
75–100% votes
Appoint directors

British · England · Age 36

6 Station Parade, Northolt Road, Harrow, HA2 8HB

Notified 01/02/2017

CompanyRankvs 15855+ SIC 69201 peers
62

Financial strength81th percentile among SIC peers · 20/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees11/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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.

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

£58k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£34k

Working capital

Current Assets

£165k

Current Liabilities

£199k

Fixed Assets

£92k

3avg. employees-1

Balance Sheet

Assets less current liabilities£58k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.83+£17k
20230.71+£16k
20220.76+£12k
20210.58+£34k
20200.07+£4k
20190.18-£18k
20180.54

Derived from filed accounts. Not audited figures.