Sadaat Carpets Ltd
11575451
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/08/2021
SALESMAN
BRITISH · ENGLAND · Age 43
Also on 2 other boards
Persons with Significant Control
Mr Syed Ali Hussnain
British · England · Age 43
76, Whalley Banks, Blackburn, BB2 1NU
Notified 01/08/2021
Former PSCs
Mr Syed Ali Hussnain
Ceased 07/07/2021
Mr Ghazanfar Abbas
Ceased 01/08/2021
CompanyRankvs 75874+ SIC 96090 peers43
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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 30/09/2024
Net Worth
-£92k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£72k
Working capital
Current Assets
£171k
Current Liabilities
£244k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.70 | -£57k |
| 2023 | 0.93 | -£41k |
| 2022 | 1.01 | +£2k |
| 2021 | 1.47 | +£2k |
| 2020 | 1.55 | +£1k |
| 2019 | 1.03 | — |
Derived from filed accounts. Not audited figures.