Altar London Limited
12324827
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 20/11/2019
DIRECTOR
BRITISH · MAURITIUS · Age 47
Also on 2 other boards
Persons with Significant Control
Mr Fadi Kazem Sarandah
British · Mauritius · Age 47
Studio 3, 14a Andre Street, London, E8 2AA
Notified 01/09/2020
Former PSCs
Fadia Holdings Limited
Ceased 01/09/2020
Mr Nayl Majid
Ceased 01/09/2020
CompanyRankvs 4427+ SIC 46160 peers32
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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 30/11/2023
Net Worth
-£921k
Balance sheet strength
Cash
£559
Cash in the bank
Net Current Assets
-£938k
Working capital
Current Assets
£4k
Current Liabilities
£942k
Fixed Assets
£16k
Debtors
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.00 | -£274k |
| 2022 | 0.06 | -£380k |
| 2021 | 0.16 | -£348k |
| 2020 | 0.08 | — |
Derived from filed accounts. Not audited figures.