The Firmwatch take
Sqib Limited (08528951) currently shows: At risk signal detected, based on accounts to 31 March 2024; last refreshed 24 May 2026. Insolvency event on the public record: administration.
Companies House source·Accounts to 31 Mar 2024·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
1 public risk event on file
Incorporated
14 May 2013
13 years on the register
Sector
Head office activities
SIC 70100
Size
Not classified
Net assets
−£69m
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Risk events
1 on file
Public Gazette / Companies House
Insolvency risk
High insolvency risk
The latest public accounts show multiple stress signals. Treat this as a prompt for deeper checks, not as a formal insolvency prediction.
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.
Current ratio below 1.0
Current assets are below current liabilities.
Money
What the balance sheet says
Net assets
−£69m
Bottom 10% in sector · sector median £10k · 9,810 filers in this sector
Cash
Not disclosed
Working cap.
−£27m
Median £3k
Current ratio
0.8×
Median 1.3×
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 · Head Offices
How this company compares in 9,810 filers in this sector
Bottom 10% in sector — Sqib Limited shows −£69m in net assets. Sector median is £10k.
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.
Risk events · monitored daily
1 event on the watchtower
- 12 Nov 2024Open
Administration
London Gazette·2410
Get alerted on any new event
If a new Gazette notice, insolvency filing or court order is published for Sqib Limited, we'll email you once.
Recent activity
Filings and risk events
- 12 Nov 2024Administration2410
People
Who runs this company
- BK
BARBER, Keith John
director · since 2013
- BM
BRITTAIN, Michael Richard
director · since 2022
Registered office
Address intelligence
78 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Address pattern · TN13 2QB
78 other UK companies registered at this postcode.
Active
75
Dissolved
3
Strike-off action
0
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.