Sedna Communications Ltd
13367033
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 6 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/04/2021
DIRECTOR
CANADIAN · UNITED KINGDOM · Age 53
Also on 5 other boards
director · Since 17/06/2021
INVESTMENT PRINCIPAL
AMERICAN · UNITED STATES · Age 33
director · Since 29/06/2023
DIRECTOR
AMERICAN · UNITED STATES · Age 65
Also on 4 other boards
Persons with Significant Control
Former PSCs
Mr William Francis Dobie
Ceased 17/06/2021
Charges6 outstanding
CANADIAN IMPERIAL BANK OF COMMERCE
CANADIAN IMPERIAL BANK OF COMMERCE AS LENDER
CANADIAN IMPERIAL BANK OF COMMERCE (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN
CANADIAN IMPERIAL BANK OF COMMERCE
HSBC INNOVATION BANKING
HSBC INNOVATION BANKING
CompanyRankvs 15280+ SIC 62012 peers43
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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
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
that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months and one day 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 31/05/2024
Net Worth
£7k
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
-£16.4M
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
£41.0M
Current Liabilities
£37.8M
Debtors
£2.1M
Profit After Tax
-£15.8M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 1.09 |
Derived from filed accounts. Not audited figures.