Franchi Plc
01978855
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 04/01/2022
director · Since 04/01/2022
DIRECTOR
BRITISH · UNITED KINGDOM · Age 60
Also on 19 other boards
Persons with Significant Control
Franchi Group Limited
The Granary, Hermitage Court, Maidstone, ME16 9NT
Reg: 16048900 · England · Limited
Notified 03/12/2024
Former PSCs
Mr Guerrino Franchi
Ceased 26/02/2021
Mr Guerrino Franchi
Ceased 26/02/2021
Mr Marco Franchi
Ceased 26/02/2021
Franchi Holdings Limited
Ceased 03/12/2024
Charges1 outstanding
BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)
BARCLAYS SECURITY TRUSTEE LIMITED
CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)
BARCLAYS BANK PLC
BARCLAYS BANK PLC
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
CompanyRankvs 1151+ SIC 47520 peers37
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 30/09/2024
Net Worth
-£404k
Balance sheet strength
Cash
£21k
Cash in the bank
Profit Before Tax
£106k
Bottom line earnings
Net Current Assets
£811k
Working capital
Current Assets
£4.4M
Current Liabilities
£3.6M
Fixed Assets
£528k
Debtors
£2.9M
Cost of Sales
£3.4M
Admin Expenses
£2.9M
Profit After Tax
-£608k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.23 | +£452k |
| 2024 | 0.96 | -£852k |
| 2023 | 1.09 | -£537k |
| 2022 | 1.14 | — |
Derived from filed accounts. Not audited figures.