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Saraco Industries Holdings Limited

12821248

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

PARKSIDE HOUSE, BOLTON, BL1 4RA
Incorporated 18/08/2020

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 17/08/2025

Due 31/08/2026

On track

Industry

64209
Activities of other holding companies

Officers

Mr Idris Mussa Bapu

director · Since 18/08/2020

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 4 other boards

Mr Habib Patel

director · Since 18/08/2020

ACCOUNTANT

BRITISH · ENGLAND · Age 50

Also on 10 other boards

Persons with Significant Control

Mr Idris Mussa Bapu

25–50% shares
25–50% votes

British · England · Age 51

11, Stapleton Avenue, Bolton, BL1 5ES

Notified 18/08/2020

Ashfield Enterprise Limited

25–50% shares
25–50% votes

107-115, Gwendolen Road, Leicester, LE5 5FL

Reg: 07003619 · Companies House England · Private Limited Company

Notified 28/05/2021

Former PSCs

Mr Habib Patel

Ceased 28/05/2021

Charges6 outstanding

Charge
outstanding

HABIB BANK ZURICH PLC

Created 28/03/2025Registered 01/04/2025
Charge
outstanding

HABIB BANK ZURICH PLC

Created 28/03/2025Registered 01/04/2025
Charge
outstanding

HABIB BANK ZURICH PLC

Created 16/11/2023Registered 16/11/2023
Charge
outstanding

HABIB BANK ZURICH PLC

Created 16/11/2023Registered 16/11/2023
Charge
outstanding

HABIB BANK ZURICH PLC

Created 16/11/2023Registered 16/11/2023
Charge
outstanding

HABIB BANK ZURICH PLC

Created 16/11/2023Registered 16/11/2023

CompanyRankvs 4184+ SIC 64209 peers
56

Financial strength94th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.52× · 16/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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.

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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Net Worth

£4.1M

Balance sheet strength

Cash

£178k

Cash in the bank

Net Current Assets

£61k

Working capital

Current Assets

£178k

Current Liabilities

£117k

Fixed Assets

£5.0M

Profit After Tax

£1.3M

112avg. employees

Tax at Year End

Corp tax£66k
Dividends paid£111k

Balance Sheet

Bank loans & overdrafts£37k
Assets less current liabilities£5.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.52+£3.6M
20230.19
20210.02

Derived from filed accounts. Not audited figures.