Sar Assets Ltd
12989941
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
30/11/2024
micro entity
Next accounts due
31/08/2026
Confirmation statement
Last: 01/11/2025
Due 15/11/2026
Industry
Officers
director · Since 02/11/2020
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 7 other boards
secretary · Since 26/07/2022
Persons with Significant Control
Mr Shakeel Ahmed
British · England · Age 54
30, Chamber House Drive, Rochdale, OL11 3LS
Notified 02/11/2020
Charges3 outstanding
THE MORTGAGE WORKS (UK) PLC
PARAGON BANK PLC
PARAGON BANK PLC
CompanyRankvs 112142+ SIC 68100 peers27
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/11/2024
Net Worth
£2k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£54k
Working capital
Current Assets
£23k
Current Liabilities
£77k
Fixed Assets
£179k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.30 | +£221 |
| 2023 | 0.12 | +£379 |
| 2022 | Infinity | — |
| 2021 | 0.01 | — |
Derived from filed accounts. Not audited figures.