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Saad Enterprises Ltd

11514008

active
ltd
england wales
Companies House
Health Score
60 / 100

Some Concerns

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

Details

24 Cornwall Road, Walsall, WS5 3PG
Incorporated 13/08/2018

Compliance

Last accounts

31/08/2024

dormant

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 25/06/2025

Due 09/07/2026

Overdue

Industry

68100
Buying and selling of own real estate

Officers

Dr Riaz Ahmed

director · Since 13/08/2018

DOCTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Riaz Ahmed

director · Since 13/08/2018

British · United Kingdom · Age 54

Persons with Significant Control

Dr Riaz Ahmed

75–100% shares

British · United Kingdom · Age 54

24, Cornwall Road, Walsall, WS5 3PG

Notified 13/08/2018

Charges5 outstanding

Charge
outstanding

MONMOUTHSHIRE BUILDING SOCIETY

Created 23/12/2020Registered 04/01/2021
Charge
outstanding

ASCENT FUNDING LIMITED

Created 17/07/2020Registered 23/07/2020
Charge
outstanding

ASCENT FUNDING LIMITED

Created 22/07/2020Registered 23/07/2020
Charge
outstanding

INTERBAY FUNDING LIMITED

Created 21/09/2018Registered 26/09/2018
Charge
outstanding

INTERBAY FUNDING LIMITED

Created 21/09/2018Registered 26/09/2018

Change History

status → active
2026-07-06

Active

type → ltd
2026-07-06

Private Limited Company

address line1 → 24 Cornwall Road
2026-07-06

24 CORNWALL ROAD

post town → Walsall
2026-07-06

WALSALL

CompanyRankvs 124554+ SIC 68100 peers
25

Financial strength3th percentile among SIC peers · 1/25
Employees59th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0× · 2/20
Longevity8 years trading (max 15) · 8/15
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.

Employees9/15 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.

Longevity8/15 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 31/08/2025

Net Worth

-£143k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£406k

Working capital

Current Assets

£100

Current Liabilities

£406k

Fixed Assets

£617k

1avg. employees

Balance Sheet

Assets less current liabilities£210k
Signed by Dr Riaz Ahmed 31/08/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.00

Derived from filed accounts. Not audited figures.