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Saffron Spice Ltd

12699214

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)
  • Current liabilities exceed current assets (-10)

Details

7 CAMELOT AVENUE, NOTTINGHAM, NG5 1DW
Incorporated 26/06/2020

Compliance

Last accounts

30/06/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 25/06/2025

Due 09/07/2026

On track

Industry

56101
Licensed restaurants

Officers

Mr Akbar Qayyum Khan

director · Since 01/03/2026

BRITISH · ENGLAND · Age 40

Also on 1 other board

Persons with Significant Control

Mr Akbar Qayyum Khan

Significant control

British · England · Age 40

7, Camelot Avenue, Nottingham, NG5 1DW

Notified 01/03/2026

Former PSCs

Mr Raja Naseem Iqbal

Ceased 01/03/2026

Mr Umar Khan

Ceased 01/03/2026

CompanyRankvs 8244+ SIC 56101 peers
60

Financial strength27th percentile among SIC peers · 7/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 5.46× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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8244Saffron Spice Ltd
59
How is this score calculated?
Financial strength7/25 pts

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

Employees12/15 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.

Longevity6/15 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 30/06/2024

Net Worth

-£5k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£222k

Working capital

Current Assets

£271k

Current Liabilities

£50k

15avg. employees+4

Balance Sheet

Assets less current liabilities£222k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20245.46+£128k
2023—+£55k
2022—+£163k

Derived from filed accounts. Not audited figures.