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Sc Squared Limited

11539052

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

4 QUERN HOUSE MILL COURT, CAMBRIDGE, CB22 5LD
Incorporated 28/08/2018

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 27/08/2025

Due 10/09/2026

On track

Industry

93130
Fitness facilities

Officers

Mrs Sarah Jayne Craske

director · Since 28/08/2018

DIRECTOR

BRITISH · ENGLAND · Age 46

Mr Simon John Craske

director · Since 28/08/2018

DIRECTOR

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Mr Simon John Craske

50–75% shares
50–75% votes
Appoint directors

British · England · Age 48

Quern House, Mill Court, Cambridge, CB22 5LD

Notified 28/08/2018

Mrs Sarah Jayne Craske

25–50% shares
25–50% votes

British · England · Age 46

Quern House, Mill Court, Cambridge, CB22 5LD

Notified 28/08/2018

Charges0 outstanding

Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 28/03/2019Registered 28/03/2019Satisfied 29/04/2024

CompanyRankvs 6323+ SIC 93130 peers
39

Financial strength4th percentile among SIC peers · 1/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.5× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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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.

Employees13/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

-£134k

Balance sheet strength

Cash

£135k

Cash in the bank

Net Current Assets

-£238k

Working capital

Current Assets

£237k

Current Liabilities

£474k

Fixed Assets

£133k

Debtors

£101k

4avg. employees

Tax at Year End

VAT£17k

Director Loans

Company owes directors£428k

Balance Sheet

Intangible assets£14k
Assets less current liabilities-£105k
Signed by Mrs Sarah Craske Mr Simon Craske 26/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.50+£104k£336k
20230.40+£56k£360k
20220.27-£88k£140k
20210.31+£31k
20200.17-£77k
20190.28

Derived from filed accounts. Not audited figures.