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Saiganesha Ltd

12889941

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

105-107 LLANDUDNO ROAD, LLANDUDNO, LL30 3HN
Incorporated 18/09/2020

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 17/09/2025

Due 01/10/2026

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47190
Other retail sale in non-specialised stores
47240
Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores

Officers

Mr Prashanth Selvarajah

director · Since 18/09/2020

SELF EMPLOYED

SRI LANKAN · WALES · Age 37

Persons with Significant Control

Mr Prashanth Selvarajah

75–100% shares
75–100% votes
Appoint directors

Sri Lankan · Wales · Age 37

105-107, Llandudno Road, Llandudno, LL30 3HN

Notified 18/09/2020

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 09/01/2022Registered 13/01/2022

CompanyRankvs 16575+ SIC 47110 peers
27

Financial strength5th percentile among SIC peers · 1/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

-£48k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£139k

Working capital

Current Assets

£68k

Current Liabilities

£207k

Fixed Assets

£181k

7avg. employees

Balance Sheet

Assets less current liabilities£42k
Signed by Mr Prashanth Selvarajah 31/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.33-£17k
20230.34-£4k
20220.35

Derived from filed accounts. Not audited figures.