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Sit Straight Ltd

12907752

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

HILL VIEW WEST HAY ROAD, BRISTOL, BS40 5NN
Incorporated 28/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74100
Specialised design activities

Officers

Mr Alexander John Prince

director · Since 28/09/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Mrs Aisling Mary Jones

director · Since 10/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 1 other board

Persons with Significant Control

Mr Alexander John Prince

75–100% shares
75–100% votes

British · United Kingdom · Age 55

Hill View, West Hay Road, Bristol, BS40 5NN

Notified 28/09/2020

Mrs Aisling Mary Jones

25–50% shares
25–50% votes

British · England · Age 41

242, Henleaze Road, Bristol, BS9 4NJ

Notified 29/09/2020

CompanyRankvs 35136+ SIC 74100 peers
27

Financial strength7th percentile among SIC peers · 2/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio -0.32× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees2/15 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.

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

Key FinancialsYear ending 31/07/2024

Net Worth

-£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£14k

Working capital

Current Assets

£3k

Current Liabilities

-£11k

0avg. employees

Balance Sheet

Assets less current liabilities£14k
Prepared with BTCSoftware AP Solution 2024 11.2.01

EstimatesDerived

YearCurrent RatioImplied Profit
20240.32+£3k
20230.57-£10k
20220.64

Derived from filed accounts. Not audited figures.