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
Analytics
Risk, value and sector comparison
Insolvency risk
80/100
critical risk
Estimated public-data value
-£266,381 - £0
low confidence - negative net assets visible value
Sector comparison
Sector: Specialist Trades
Sample: 160 companies
Negative net assets: 18.1%
- Net assets vs sector median
- -£266,717
- Working capital vs sector median
- -£101,249
- Sector median current ratio
- 1.47
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.
Old accounts
The latest extracted accounts period is more than 30 months old.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Bottom 10% in sector · Sector medians shown for 160 filers in this sector (2022).
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£302
Current liabilities
Amounts due within one year (short-term creditors).
£93,604
Working capital
Current assets minus current liabilities.
-£93,302
Median £8k
Fixed assets
Long-term tangible and intangible assets.
Not disclosed
Total assets less current liabilities
Fixed assets plus working capital.
-£93,202
Net assets
What's left after liabilities are deducted from assets.
-£266,381
Median £336
Equity (capital & reserves)
Shareholder funds.
-£266,381
Current ratio
Current assets divided by current liabilities. Above 1.0× is usually easier to fund.
0.0×
Median 1.5×
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
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.