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Saudiq Innovations Ltd

15114858

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

133A BISCOT ROAD, LUTON, LU3 1AN
Incorporated 05/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
82110
Combined office administrative service activities

Officers

Mr Saud Hassan Butt

director · Since 05/09/2023

COMPANY DIRECTOR

PAKISTANI · PAKISTAN · Age 32

Persons with Significant Control

Mr Saud Hassan Butt

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

Pakistani · Pakistan · Age 32

4, Mohalla Madina Masjid, Sohawa, 49230

Notified 05/09/2023

CompanyRankvs 104190+ SIC 62020 peers
30

Financial strength40th percentile among SIC peers · 10/25
Employees13th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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104190Saudiq Innovations Ltd
29
How is this score calculated?
Financial strength10/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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 30/09/2024

Net Worth

£447

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£447

Working capital

Current Assets

£447

Current Liabilities

—

0avg. employees

Balance Sheet

Assets less current liabilities£447
Signed by 5.9.23Prepared with Company Accounts and Tax Online