Company Overview
Samsit Solutions Limited is a Dissolved Private Limited Company.
Registered Address

19-21 Main Road, Gedling, Nottingham, NG4 3HQ
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Companies House Data
Company NameSAMSIT SOLUTIONS LIMITED
Company Number09838280
Registered Office Address19-21 Main Road
 Gedling
 NG4 3HQ
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date22/10/2015
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2022
Accounts Last Made Up Date31/10/2020
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date19/11/2016
Directors & Members
Show Resigned
Mahendar Chitalurri - Director
(Indian, 45 years old, born July 1981)
Appointed 22 October 2015
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Mahendar Chitalurri
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Oct-2020 31-Oct-2019 31-Oct-2018
Balance Sheet
Fixed Assets 251 335 446
Current Assets 49,224 29,800 16,402
Creditors Due Within One Year 50,262 14,512 8,988
Working Cap -1,038 15,288 7,414
Total Assets Less Current Liabilities -787 15,623 7,860
Long-term Liabilities 887 15,523 7,760
Net Assets 100 100 100
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 100 100 100
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2020 31-Oct-2019 31-Oct-2018
Tangible Fixed Assets - - -
Fixed Assets 0.5% 1.1% 2.6%
Stocks Inventory - - -
Debtors 7.2% 3.2% 0.4%
Cash Bank In Hand 92.3% 32.8% 0.8%
Current Assets 99.5% 98.9% 97.4%
Creditors Due Within One Year 101.6% 48.2% 53.3%
Net Current Assets Liabilities -2.1% 50.7% 44.0%
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 0.2% 0.3% 0.6%
Capital Employed - - -
Total Assets Less Current Liabilities -1.6% 51.8% 46.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2020 31-Oct-2019 31-Oct-2018
Liquidity Ratio 1.0 2.1 1.8
Solvency Ratio 1.0 1.0 1.0
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-Oct-2020 31-Oct-2019 31-Oct-2018
Assets 49,475 30,135 16,848
Debt 49,375 30,035 16,748
Net Assets/Debt 100 100 100
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) X
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
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Document Filings
Final Gazette dissolved via voluntary strike-off
Voluntary strike-off action has been suspended
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Confirmation statement made on 10 January 2021 with no updates
Registered office address changed from 39 Oakdale Road Nottingham NG3 7EL United Kingdom to 19-21 Main Road Gedling Nottingham NG4 3HQ on 22 July 2020
Compulsory strike-off action has been discontinued
Confirmation statement made on 10 January 2020 with no updates
First Gazette notice for compulsory strike-off
Confirmation statement made on 10 January 2019 with no updates
Director's details changed for Mr Mahendar Chitalurri on 1 February 2019
Change of details for Mr Mahendar Chitalurri as a person with significant control on 31 December 2018
Confirmation statement made on 10 January 2018 with no updates
Notification of Mahendar Chitalurri as a person with significant control on 2 May 2017
Termination of appointment of Maruthi Rao Bandrala as a director on 2 May 2017
Compulsory strike-off action has been discontinued
Confirmation statement made on 11 January 2017 with updates
Confirmation statement made on 21 October 2016 with updates
First Gazette notice for compulsory strike-off
Appointment of Mr Maruthi Rao Bandrala as a director on 23 June 2016
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