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Sapling It Consultancy Ltd

12284029

active
Private Limited Company
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

FLAT 10, WATSONS HOUSE, LONDON, N1 5LL
Incorporated 28/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
62030
Computer facilities management activities
62090
Other information technology service activities

Officers

Mr Mehmet Incefidan

director · Since 28/10/2019

IT CONSULTANT

TURKISH · UNITED KINGDOM · Age 40

Also on 1 other board

Persons with Significant Control

Mehmet Incefidan

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

Turkish · United Kingdom · Age 40

Flat 10, Watsons House, 120 Nuttall Street, London, N1 5LL

Notified 28/10/2019

CompanyRankvs 46307+ SIC 62012 peers
32

Financial strength7th percentile among SIC peers · 2/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.25× · 2/20
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 strength2/25 pts

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

Employees6/15 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.

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 31/10/2024

Net Worth

-£41k

Balance sheet strength

Cash

£21

Cash in the bank

Net Current Assets

-£682

Working capital

Current Assets

£222

Current Liabilities

£904

Debtors

£201

1avg. employees

Balance Sheet

Bank loans & overdrafts£40k
Assets less current liabilities-£682
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.25-£6k
20237.15-£27k
202249.35
202130.08

Derived from filed accounts. Not audited figures.