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Sapphire 700 Limited

11699257

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)
  • Going concern doubt noted in accounts (-10)

Details

C/O ACUITY LAW LIMITED 3 ASSEMBLY SQUARE, CARDIFF, CF10 4PL
Incorporated 27/11/2018

Compliance

Last accounts

31/03/2023

group

Next accounts due

31/12/2024

Overdue

Confirmation statement

Last: 26/11/2024

Due 10/12/2025

Overdue

Industry

74990
Non-trading company

Officers

Mr Ronnie Shemesh

director · Since 18/07/2019

EXECUTIVE

AMERICAN · UNITED STATES · Age 67

Also on 8 other boards

Persons with Significant Control

Sapphire Cabinetry (Uk) Llc

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

C/O Paul Hastings Llp, 200 Park Avenue, New York

Reg: 7167112 · Division Of Corporations · Limited Liability Company

Notified 28/11/2018

Former PSCs

Acuity Nominees Limited

Ceased 28/11/2018

CompanyRankvs 241700+ SIC 74990 peers
21

Financial strength1th percentile among SIC peers · 0/25
Employees52th percentile among SIC peers · 8/15
LiquidityNo balance sheet data · 0/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees8/15 pts

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

Liquidity0/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

audit evidence as regards the stock balance of £1,110,999. Consequently, we were unable to determine whether any adjustment to this amount was necessary. Material uncertainty relating to going concern In forming our opinion on the financial statements, which is not modified, we have considered the adequacy of the disclosures made in note 1 to the financial statements concerning the gro

Key FinancialsYear ending 31/03/2023

Net Worth

-£36.1M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

-£1

Working capital

Current Assets

Current Liabilities

£1

Fixed Assets

£0

Debtors

£0

Cost of Sales

£22.8M

Admin Expenses

£23.3M

Profit After Tax

-£24.9M

0avg. employees

People Costs

Wages & salaries£8.5M

Balance Sheet

Intangible assets£634k
Bank loans & overdrafts£430k
Assets less current liabilities-£1
Prepared with CCH Software