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Sasti Convenience Ltd

12214925

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

12 BIRCH PLACE, BROUGH, HU15 1TT
Incorporated 19/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Shankar Paranjothi

director · Since 19/09/2019

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Mr Selvan Jayaraman

director · Since 31/08/2024

BUSINESS PERSON

BRITISH · ENGLAND · Age 52

Also on 3 other boards

Persons with Significant Control

Mr Shankar Paranjothi

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

British · England · Age 50

12, Birch Place, Brough, HU15 1TT

Notified 19/09/2019

CompanyRankvs 8285+ SIC 47110 peers
61

Financial strength81th percentile among SIC peers · 20/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.81× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 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.

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.

Longevity7/15 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

£55k

Balance sheet strength

Cash

£308

Cash in the bank

Net Current Assets

-£71k

Working capital

Current Assets

£297k

Current Liabilities

£369k

Fixed Assets

£365k

Debtors

£62k

7avg. employees+3

Tax at Year End

Corp tax£9k
VAT£6k

Director Loans

Company owes directors£10k
Directors owe company£4k

Balance Sheet

Intangible assets£183k
Assets less current liabilities£294k
Signed by Mr Shankar Paranjothi 15/12/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.81+£28k£111k
20230.34+£24k
20220.29+£4k
20210.96

Derived from filed accounts. Not audited figures.