Sorcit Developments Ltd
13806718
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 16/12/2025
Due 30/12/2026
Industry
Officers
Persons with Significant Control
Mr David Samuel Fannin
British · United Kingdom · Age 53
., The Old Blacksmiths, East Bridgford, NG13 8NH
Notified 17/12/2021
Ms Mayuree Chotisong
Thai · United Kingdom · Age 44
., The Old Blacksmiths, East Bridgford, NG13 8NH
Notified 17/12/2021
Change History
Active
Private Limited Company
. THE OLD BLACKSMITHS
EAST BRIDGFORD
CompanyRankvs 32212+ SIC 74100 peers33
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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.
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
-£43
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£43
Working capital
Current Assets
£96k
Current Liabilities
£97k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.00 | — |
| 2023 | 0.98 | +£5k |
| 2022 | 0.92 | — |
Derived from filed accounts. Not audited figures.