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Saar Solutions Ltd

11605465

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 40 THRALES END BUSINESS CENTRE, HARPENDEN, AL5 3NS
Incorporated 04/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Sandip Babubhai Patel

director · Since 04/10/2018

IT CONSULTANT

BRITISH · UNITED KINGDOM · Age 55

Also on 7 other boards

Persons with Significant Control

Mr Sandip Babubhai Patel

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 55

Unit 40 Thrales End Business Centre, Thrales End Lane, Harpenden, AL5 3NS

Notified 04/10/2018

CompanyRankvs 10825+ SIC 62020 peers
77

Financial strength93th percentile among SIC peers · 23/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 7.83× · 20/20
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 strength23/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 31/10/2025

Net Worth

£191k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£185k

Working capital

Current Assets

£212k

Current Liabilities

£27k

Fixed Assets

£6k

2avg. employees

Balance Sheet

Assets less current liabilities£191k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20257.83+£0
20257.83+£41k
20245.64+£16k
20237.73+£33k
20226.31+£26k
20216.67+£16k
20201.78+£15k
20191.64

Derived from filed accounts. Not audited figures.