Sre Bourne Limited
12811398
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 12/08/2025
Due 26/08/2026
Industry
Officers
Former
director · Resigned 29/11/2024
director · Resigned 30/10/2025
director · Resigned 27/02/2026
Persons with Significant Control
Former PSCs
Mr Kok Peng Tang
Ceased 11/12/2025
Charges2 outstanding
SITUS ASSET MANAGEMENT LIMITED
SITUS ASSET MANAGEMENT LIMITED
Change History
Active
Private Limited Company
FOURTH FLOOR, FERGUSON HOUSE
LONDON
CompanyRankvs 126720+ SIC 68100 peers15
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. - 1 - SRE BOURNE LIMITED DIRECTORS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Going concern The directors have assessed the Company's ability to continue as a going concern and have a reasonable expectation that the Company has adequate resources to continue in operational existen
Key FinancialsYear ending 31/12/2023
Turnover
£4.9M
Annual revenue
Net Worth
-£2.5M
Balance sheet strength
Cash
£14.6M
Cash in the bank
Profit Before Tax
-£13.0M
Bottom line earnings
Net Current Assets
-£41.1M
Working capital
Current Assets
£22.7M
Current Liabilities
£63.7M
Fixed Assets
£62.1M
Debtors
£880k
Cost of Sales
£801k
Gross Profit
£4.1M
Admin Expenses
£260k
Operating Profit
-£9.5M
Profit After Tax
-£9.9M
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.36 | -£5.8M |
| 2022 | 1.82 | — |
Derived from filed accounts. Not audited figures.