Seetha Creations Ltd
12789307
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/08/2020
DIRECTOR
BRITISH · ENGLAND · Age 63
Also on 10 other boards
Persons with Significant Control
Seetha Group Limited
Unit 1 Ground Floor, 388 High Road, Ilford, IG1 1TL
Reg: 08550775 · England · Limited Company
Notified 03/08/2020
Charges2 outstanding
UNITED TRUST BANK LIMITED
UNITED TRUST BANK LIMITED
CompanyRankvs 121768+ SIC 68100 peers30
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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.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2025
Net Worth
-£792k
Balance sheet strength
Cash
£29k
Cash in the bank
Net Current Assets
£568k
Working capital
Current Assets
£1.2M
Current Liabilities
£602k
Fixed Assets
£3.6M
Debtors
£1.1M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.94 | -£7k |
| 2024 | 1.97 | -£758k |
| 2023 | 1.02 | — |
Derived from filed accounts. Not audited figures.