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Sss New Projects Ltd

13416697

active
ltd
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

2 Ramsgill Drive, Ilford, IG2 7TR
Incorporated 24/05/2021

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 27/10/2025

Due 10/11/2026

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Sivarasa Asokan

director · Since 24/05/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 5 other boards

Sivarasa Asokan

director · Since 24/05/2021

British · England · Age 68

Persons with Significant Control

Mr Sivarasa Asokan

50–75% shares
50–75% votes
Appoint directors

British · England · Age 68

2, Ramsgill Drive, Ilford, IG2 7TR

Notified 27/10/2021

Mrs Yogaranee Asokan

25–50% shares
25–50% votes
Appoint directors

British · England · Age 58

2, Ramsgill Drive, Ilford, IG2 7TR

Notified 27/10/2021

Former PSCs

Siva Shankaram Ltd

Ceased 27/10/2021

Charges2 outstanding

Charge
outstanding

FLEET MORTGAGES LIMITED

Created 16/01/2024Registered 16/01/2024
Charge
outstanding

WEST ONE SECURED LOANS LIMITED

Created 28/11/2022Registered 14/12/2022

Change History

status → active
2026-06-27

Active

type → ltd
2026-06-27

Private Limited Company

address line1 → 2 Ramsgill Drive
2026-06-27

2 RAMSGILL DRIVE

post town → Ilford
2026-06-27

ILFORD

CompanyRankvs 83262+ SIC 68100 peers
34

Financial strength77th percentile among SIC peers · 19/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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83262Sss New Projects Ltd
44
How is this score calculated?
Financial strength19/25 pts

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

Employees3/15 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.

Longevity5/15 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 31/03/2025

Net Worth

£40k

Balance sheet strength

Cash

£28k

Cash in the bank

Net Current Assets

-£47k

Working capital

Current Assets

£31k

Current Liabilities

£77k

Fixed Assets

£380k

Debtors

£3k

0avg. employees

Balance Sheet

Assets less current liabilities£333k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.40+£16k
20240.19+£17k
20230.16—

Derived from filed accounts. Not audited figures.