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Saage Labs Limited

13783501

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

CANNON PLACE, LONDON, EC4N 6AF
Incorporated 06/12/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Peter George Argerakis

director · Since 06/12/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Mr Peter George Argerakis

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

British · United Kingdom · Age 46

Cannon Place, 78 Cannon Place, London, EC4N 6AF

Notified 06/12/2021

CompanyRankvs 44461+ SIC 62090 peers
37

Financial strength3th percentile among SIC peers · 1/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£146k

Balance sheet strength

Cash

£57k

Cash in the bank

Net Current Assets

-£157k

Working capital

Current Assets

£123k

Current Liabilities

£280k

Fixed Assets

£15k

Debtors

£66k

5avg. employees+1

Director Loans(2022)

Directors owe company£543

Balance Sheet

Intangible assets£8k
Assets less current liabilities-£143k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.44-£235k
20230.82+£32k
20222.12

Derived from filed accounts. Not audited figures.