Sibar Associates Limited
10225970
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 30/11/2020
director · Since 30/11/2020
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 7 other boards
Persons with Significant Control
Mr Simon Russell Newton
British · England · Age 59
Reedham House, 31 King Street West, Manchester, M3 2PJ
Notified 10/06/2016
Former PSCs
Mrs Pamela Barbara Willis
Ceased 31/12/2017
CompanyRankvs 153596+ SIC 70229 peers34
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2025
Net Worth
-£24k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
-£122k
Working capital
Current Assets
£24k
Current Liabilities
£147k
Fixed Assets
£103k
Debtors
£20k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.17 | -£48k |
| 2024 | 0.32 | -£27k |
| 2023 | 0.43 | +£31k |
| 2022 | 0.10 | +£6k |
| 2021 | 0.43 | -£39k |
| 2020 | 0.91 | -£24k |
| 2019 | 1.52 | -£5k |
| 2018 | 1.75 | — |
Derived from filed accounts. Not audited figures.