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Safeer Tec Ltd

10970886

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

176 FULLBROOK AVENUE, READING, RG7 1FJ
Incorporated 19/09/2017

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 09/08/2025

Due 23/08/2026

On track

Industry

61200
Wireless telecommunications activities
73110
Advertising agencies
74909
Other professional, scientific and technical activities

Officers

Mr Muddassar Nazar

director · Since 19/09/2017

DIRECTOR

PAKISTANI · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr Muddassar Nazar

75–100% shares
75–100% votes

Pakistani · United Kingdom · Age 43

176, Fullbrook Avenue, Reading, RG7 1FJ

Notified 19/09/2017

Former PSCs

Mrs Memoona Aziz

Ceased 13/04/2023

CompanyRankvs 2539+ SIC 61200 peers
36

Financial strength14th percentile among SIC peers · 4/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees6/15 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.

Longevity9/15 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 30/09/2024

Net Worth

-£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£143

Current Liabilities

£8k

1avg. employees-1

Tax at Year End(2019)

Corp tax£11k
VAT£5k

Balance Sheet

Assets less current liabilities£4k
Signed by Mr MUDDASSAR NAZAR 22/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.02+£0
20230.71-£32k
2022+£100
202194.33-£23k
20205.56+£20k
20192.86+£44k£106k
2018-1.88

Derived from filed accounts. Not audited figures.