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Salaar Tech Ltd

13730058

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

70 SOUTH HILL AVENUE, HARROW, HA2 0NH
Incorporated 08/11/2021

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 22/10/2025

Due 05/11/2026

On track

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
62090
Other information technology service activities
85600
Educational support services

Officers

Mr Salaar Naeem Rana

director · Since 04/11/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 24

Persons with Significant Control

Mr Salaar Naeem Rana

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

British · England · Age 24

70, South Hill Avenue, Harrow, HA2 0NH

Notified 04/11/2022

Former PSCs

Mr Naeem Ashraf

Ceased 04/11/2022

CompanyRankvs 25092+ SIC 62012 peers
42

Financial strength77th percentile among SIC peers · 19/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees11/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

to funding to continue in operational existence for at least twelve months from the date of approval of these financial statements. Accordingly, the financial statements have been prepared on a going concern basis, and the directors do not consider there to be any material uncertainties that cast significant doubt on the companys ability to continue as a going concern. 2. Average number of e

Key FinancialsYear ending 31/10/2024

Net Worth

£33k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£33k

Working capital

Current Assets

£254

Current Liabilities

£33k

2avg. employees

Balance Sheet

Assets less current liabilities£33k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01+£31k
20230.64
20220.30

Derived from filed accounts. Not audited figures.