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Saddleworthholdings Limited

15885989

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

141-143 UNION STREET, OLDHAM, OL1 1TE
Incorporated 08/08/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Malik Nomaan Hussain

director · Since 08/08/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 22

Also on 2 other boards

Persons with Significant Control

Mr Malik Nomaan Hussain

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-firm
Appoint directors

British · England · Age 22

141-143, Union Street, Oldham, OL1 1TE

Notified 08/08/2024

Mr Suleman Malik Hussain

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-firm
Appoint directors

British · England · Age 20

141-143, Union Street, Oldham, OL1 1TE

Notified 06/11/2024

Former PSCs

Mr Suleman Malik Hussain

Ceased 16/09/2024

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 03/02/2025Registered 07/02/2025

CompanyRankvs 256074+ SIC 68209 peers
11

Financial strength13th percentile among SIC peers · 3/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.46× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees9/15 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.

Longevity2/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 1.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern

Key FinancialsYear ending 31/08/2025

Net Worth

-£12k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£18k

Working capital

Current Assets

£15k

Current Liabilities

£33k

Fixed Assets

£5k

Debtors

£3k

1avg. employees

Balance Sheet

Assets less current liabilities-£12k
Signed by Mr M Hussain 21 April 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.46

Derived from filed accounts. Not audited figures.