SOAR POINT LIMITED Credit Check Report

Company Overview

Soar Point Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 06 February 2012, so this is a well established company. Soar Point Limited has been in business for 14 years and 1 month. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.

Registered Address

7 Ringers Spinney, Leicester, Leicestershire, LE2 2HB

Credit Reports Available

These credit rating reports are available now:

Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data

Company Name	SOAR POINT LIMITED
Company Number	07936293
Registered Office Address	7 Ringers Spinney
	LE2 2HB
Company Category	Private Limited Company
Company Status	Active
Country of Origin	United Kingdom
Incorporation Date	06/02/2012
Accounting Reference Date Day	31
Accounting Reference Date Month	3
Accounts Next Due Date	31/12/2025
Accounts Last Made Up Date	31/03/2024
Accounts Account Category	TOTAL EXEMPTION FULL
Returns Next Due Date	04/12/2016
Returns Last Made Up Date	06/11/2015

Directors & Members

	Jitendrabhai Patel - Director (British, 61 years old, born December 1965) Appointed 06 February 2012	Active

Secretaries

No Secretaries Appointed

Balance Sheet

Unlock full report

Accounts Date	31-Mar-2024	31-Mar-2022	31-Mar-2021
Balance Sheet
Fixed Assets	14,262	14,262	21,613
Current Assets	45,123	45,123	125,635
Creditors Due Within One Year	110,545	110,545	175,724
Working Cap	-65,422	-65,422	-50,089
Total Assets Less Current Liabilities	-51,160	-51,160	-28,476
Long-term Liabilities	31,101	31,101	54,329
Net Assets	-82,261	-82,261	-82,805
Share Capital & Reserves
Share Cap	-	-	-
Profit & Loss Reserves	-	-	-
Other Reserves	-	-	-
Shareholders Funds	-82,261	-82,261	-82,805

Common Size Financial Analysis

Unlock full report

Accounts Date	31-Mar-2024	31-Mar-2022	31-Mar-2021
Tangible Fixed Assets	-	-	-
Fixed Assets	24.0%	24.0%	14.7%
Stocks Inventory	-	-	-
Debtors	8.9%	8.9%	30.4%
Cash Bank In Hand	41.2%	41.2%	11.9%
Current Assets	76.0%	76.0%	85.3%
Creditors Due Within One Year	186.1%	186.1%	119.3%
Net Current Assets Liabilities	-110.2%	-110.2%	-34.0%
Creditors Due After One Year	-	-	-
Accruals Deferred Income	-	-	-
Provisions For Liabilities Charges	-	-	-
Net Assets Liabilities Including Pension Asset Liability	-	-	-
Called Up Share Capital	-	-	-
Share Capital Allotted Called Up Paid	-	-	-
Profit Loss Account Reserve	-	-	-
Shareholder Funds	-138.5%	-138.5%	-56.2%
Capital Employed	-	-	-
Total Assets Less Current Liabilities	-86.1%	-86.1%	-19.3%

Financial Ratio Analysis

Unlock full report

Accounts Date	31-Mar-2024	31-Mar-2022	31-Mar-2021
Liquidity Ratio	0.4	0.4	0.7
Solvency Ratio	0.4	0.4	0.6
Reserves to Assets	-	-	-

Secured Creditors

Unlock full report

Mortgages Charges	0
Mortgages Outstanding	0
Mortgages Part Satisfied	0
Mortgages Satisfied	0

Assets and Debt Analysis

Unlock full report

Accounts Date	31-Mar-2024	31-Mar-2022	31-Mar-2021
Assets	59,385	59,385	147,248
Debt	141,646	141,646	230,053
Net Assets/Debt	-82,261	-82,261	-82,805

Unlock full report

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information

Unlock full report

Exact Court Judgements

Period of Months	Last 12m	13-24m	25-36m	37-48m	49-60m	61-72m
Number of Exact CCJS	X	Y	Y	X	X	Y
Value of Exact CCJS	YXY	YK	S	S	X	KX

Supplier Credit Limits

Unlock full report

Date	Sector	Notified	Amount	Terms
XK-SXY	XKXYXK	SXSKXYXK	£X,000	XS XYSKS
SK-SYY	SKXYXKYKKY	KSXX KKXXYXS	£YY,000	YS XYSKS SK YXXSXS
YK-SXY	XKXYXYYK	SXSXYXK	£SX,000	XS XYSKS

Payment Records

Unlock full report

Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices	Paid Before 30 days due	Paid After 30 days due	Owing Before 30 days due	Owing after 30 days due
XYX	SX	K	YX	X

Company Valuation Analysis

Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations		Valuation Measures
Estimated High Value	£XSI,000	Retained Profit	£YX,000
Estimated Mid Value	£YY,000	EBIT	£SY,000
Estimated Low Value	£X,000	EBITDA	£SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations		Valuation Measures
Estimated High Value	£XY,000	Total Assets	£XIX,000
Estimated Mid Value	£Y,000	Net Assets	£YX,000
Estimated Low Value	£S,000	Tangible Equity	£SX,000
The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist

Unlock full report

Business Growth	Please purchase a report to see true comments
EBITDA	Purchase a report to see true comments
Dividends	Please purchase a report to see true comments about this company
Retained Profits	Retained Profits for this company
Debt Interest	Debt Interest for this company
Cash Flow	Cash Flow for this company
CCJs	CCJs for this company
Age of Company	Age of Company for this company
Solvency	Solvency for this company
Secured Creditors	Secured Creditors for this company
Ownership	Ownership for this company

First Report Score: (0-10)

Financial Status Guide:

10			Very Strong
9			Strong
8			Very Good
7			Good
6			Above Average
5			Average
4			Below Average
3			Poor
2			Weak
1			Very Weak
0			Critical

Risk Score Trend

Risk Rating

Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100)	X
Risk Band Description	XXMXMXMX SISX
Risk Assessment	Meeting of Creditors
Credit Rating	XSKX

Altman Z Score Credit Risk Rating

Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score	X
Risk Band	XY
Risk Band Description	The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1	Low Risk	3.00 and above
2	Caution	2.63 - 2.99
3	Risk of Failure within 2 years	1.24 - 2.62
4	High Probability Failure	Below 1.24

Other Business around LE2 2HB

	DE'MANDALIA & CO LIMITED C/O Frp Advisory, Ashcroft House, Ervington Court, Meridian Business Park, Leicester, LE2 2HB
	ADUMA LIMITED 5 Ringers Spinney, Oadby, Leicester, LE2 2HB
	GILL TRANSPORT SOLUTIONS LTD 21 Ringers Spinney, Oadby, Leicester, LE2 2HB
	BROOKS & CO HOLDING LIMITED 9A LEICESTER ROAD, BLABY, LEICESTER, LE2 2HB
	SEAFORD HAULAGE LTD 191 Washington Street, Bradford, LE2 2HB

Document Filings

There is no free data currently available to display on this company.

CheckFree

UK company status reports

Real time data feed - no UK credit reports are updated faster