The Firmwatch take
Sasie Ltd (05754478) currently shows: At risk signal detected, based on accounts to 31 March 2022; last refreshed 24 May 2026. Net liabilities of £266k — assets do not cover obligations.
Companies House source·Accounts to 31 Mar 2022·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Pulse · Net assets, 2021–2022
↘ £1kIncorporated
23 March 2006
20 years on the register
Sector
Plumbing, heat and air-conditioning installation
SIC 43220
Size
Not classified
Net assets
−£266k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Critical insolvency risk
The public financial signals are severe. Review filings, events and director links before making a decision involving this company.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Money
What the balance sheet says
Net assets
−£266k
Bottom 10% in sector · sector median £336 · 160 filers in this sector
Cash
Not disclosed
Working cap.
−£93k
Median £8k
Current ratio
0.0×
Median 1.5×
Signals · 4
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Sector benchmark · Specialist Trades
How this company compares in 160 filers in this sector
Bottom 10% in sector — Sasie Ltd shows −£266k in net assets. Sector median is £336.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.