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Seascale Chem Ltd

11528598

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

1 RED HALL GREEN, LEEDS, LS14 1EA
Incorporated 21/08/2018

Compliance

Last accounts

30/06/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 07/07/2025

Due 21/07/2026

On track

Industry

47730
Dispensing chemist in specialised stores
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Abbas Ali Fazal

director · Since 21/08/2018

DIRECTOR

BRITISH · ENGLAND · Age 39

Mr Shahbaz Baig Mirza

director · Since 21/08/2018

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 7 other boards

Persons with Significant Control

Abbas Ali Fazal

25–50% shares
25–50% votes

British · England · Age 39

36, Oxford Street, Birminghan, B27 6SH

Notified 21/08/2018

Mr Shahbaz Baig Mirza

25–50% shares
25–50% votes

British · England · Age 38

1, Red Hall Green, Leeds, LS14 1EA

Notified 21/08/2018

Charges3 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 21/04/2021Registered 21/04/2021
Charge
outstanding

WESLEYAN BANK LIMITED

Created 06/02/2019Registered 07/02/2019
Charge
outstanding

WESLEYAN BANK LIMITED

Created 06/02/2019Registered 07/02/2019

CompanyRankvs 5243+ SIC 47730 peers
21

Financial strength6th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.57× · 6/20
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 strength2/25 pts

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

Employees0/15 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.

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 30/06/2024

Net Worth

-£33k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£454k

Working capital

Current Assets

£597k

Current Liabilities

£1.1M

Fixed Assets

£860k

Debtors

£591k

Director Loans

Company owes directors£140k

Balance Sheet

Assets less current liabilities£406k
Signed by Mr Abbas Fazal 24/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.57+£6k
20230.58-£24k
20220.55-£776
20210.13+£9k
20200.40-£17k
20190.01

Derived from filed accounts. Not audited figures.