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Saga Labs Ltd

12925504

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

FLAT 5B, BUTTERFLY COURT, LONDON, N15 4FA
Incorporated 03/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Filip Stanislavov Stanev

director · Since 03/10/2020

DIRECTOR

BULGARIAN · ENGLAND · Age 36

Also on 1 other board

Persons with Significant Control

Mr Filip Stanislavov Stanev

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

Bulgarian · England · Age 36

Flat 5b, Butterfly Court, Bathurst Square, London, N15 4FA

Notified 03/10/2020

Former PSCs

Mr Emanuele Capparelli

Ceased 20/01/2022

CompanyRankvs 50834+ SIC 62012 peers
29

Financial strength1th percentile among SIC peers · 0/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.08× · 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 strength0/25 pts

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

Employees6/15 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 31/10/2024

Net Worth

-£698k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

-£237k

Working capital

Current Assets

£22k

Current Liabilities

£259k

Fixed Assets

£2k

Debtors

£2k

1avg. employees

Balance Sheet

Assets less current liabilities-£235k
Signed by Mr Filip Stanev 30th July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.08-£216k
20230.40-£175k
20227.41-£198k
202120.99

Derived from filed accounts. Not audited figures.