Saree Hire Store Limited
14225501
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/07/2025
micro entity
Accounts
Confirmation statement
Last: 10/07/2025
Due
Industry
Officers
Former
director · Resigned 24/06/2026
director · Resigned 24/06/2026
Persons with Significant Control
Mr Hitesh Kumar Sharma
British · England
Notified 11/07/2022
Former PSCs
Mrs Varuna Menisha Bhuruth Sharma
Ceased 24/06/2026
Change History
Active
Private Limited Company
38 SALISBURY ROAD
WORTHING
CompanyRankvs 89172+ SIC 47910 peers27
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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 31/07/2025
Net Worth
-£8k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£8k
Working capital
Current Assets
£409
Current Liabilities
£9k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.05 | -£1k |
| 2024 | 0.04 | -£775 |
| 2023 | 0.16 | — |
Derived from filed accounts. Not audited figures.