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Franway Limited

01252918

active
Private Limited Company
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

156A STOKE NEWINGTON ROAD, STOKE NEWINGTON, N16 7UY
Incorporated 01/04/1976

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 19/12/2025

Due 02/01/2027

On track

Industry

41100
Development of building projects
68100
Buying and selling of own real estate

Officers

Mrs Necibe Cinik

secretary · Since 15/05/2007

DIRECTOR

BRITISH · Age 78

Mr Osman Cinik

director · Since 15/05/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Persons with Significant Control

Mr Osman Cinik

25–50% shares

British · England · Age 74

156a, Stoke Newington Road, Stoke Newington, N16 7UY

Notified 06/04/2016

Charges4 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 27/09/2011Registered 06/10/2011
charge
outstanding

BARCLAYS BANK PLC

Created 20/09/2010Registered 25/09/2010
charge
outstanding

BARCLAYS BANK PLC

Created 17/09/2008Registered 19/09/2008
charge
outstanding

BARCLAYS BANK PLC

Created 06/05/1986Registered 20/05/1986

CompanyRankvs 22966+ SIC 41100 peers
50

Financial strength93th percentile among SIC peers · 23/25
Employees45th percentile among SIC peers · 7/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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22966Franway Limited
60
How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2025

Net Worth

£870k

Balance sheet strength

Cash

£46k

Cash in the bank

Net Current Assets

£1

Working capital

Current Assets

—

Current Liabilities

£46k

Fixed Assets

£1.8M

1avg. employees

Balance Sheet

Intangible assets£4k
Bank loans & overdrafts£549k
Assets less current liabilities£1.8M
Prepared with VT Final Accounts

EstimatesDerived

YearImplied Profit
2025+£31k
2024+£40k

Derived from filed accounts. Not audited figures.