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Fairgate Group Limited

02314160

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

22-24 ELY PLACE, LONDON, EC1N 6TE
Incorporated 07/11/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Ms Rosaline Atema Akindele

director · Since 06/05/2002

COMPANY DIRECTOR

NIGERIAN · NIGERIA · Age 73

Oluwatoyin Omobola Isemede

director · Since 08/01/2021

COMPANY DIRECTOR

NIGERIAN · NIGERIA · Age 64

Mrs Abiodun Alex-Duduyemi

director · Since 21/07/2021

RETIRED

NIGERIAN · NIGERIA · Age 61

First Board Limited

director · Since 15/03/2025

Persons with Significant Control

Mr Michael Kehinde Stephen

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

Nigerian · Nigeria · Age 77

22-24, Ely Place, London, EC1N 6TE

Notified 27/04/2017

Mr Kolawole Timothy Jaiyeoba

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

Nigerian · Nigeria · Age 73

22-24, Ely Place, London, EC1N 6TE

Notified 27/04/2017

Professor Oyewale Tomori

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

Nigerian · Nigeria · Age 80

22-24, Ely Place, London, EC1N 6TE

Notified 17/11/2020

Mr Richard Martin

75–100% shares
75–100% votes
Appoint directors

Australian,British · England · Age 68

1 King William Street, 1 King William Street, London, EC4N 7AF

Notified 12/01/2021

Former PSCs

Continental Holdings Sa

Ceased 27/04/2017

Mr Oyewale Tomori

Ceased 26/01/2022

Charges1 outstanding

Charge
outstanding

COUTTS & COMPANY

Created 25/04/2023Registered 04/05/2023
Charge
satisfied

BARCLAYS BANK PLC AS SECURITY AGENT

Created 13/04/2016Registered 14/04/2016Satisfied 26/04/2023
charge
satisfied

BARCLAYS BANK PLC (AS SECURITY AGENT)

Created 12/12/2012Registered 21/12/2012Satisfied 26/04/2023
charge
satisfied

CANADA LIFE LIMITED

Created 04/10/2012Registered 10/10/2012Satisfied 29/03/2023
charge
satisfied

WOOLWICH PLC

Created 19/07/2000Registered 27/07/2000Satisfied 08/10/2012
charge
satisfied

BANKERS TRUST COMPANY

Created 20/10/1989Registered 02/11/1989Satisfied 27/07/2000

CompanyRankvs 1229+ SIC 70100 peers
68

Financial strength91th percentile among SIC peers · 23/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.45× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees13/15 pts

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

Liquidity12/20 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 31/12/2024

Net Worth

£4.0M

Balance sheet strength

Cash

£790k

Cash in the bank

Net Current Assets

£17.5M

Working capital

Current Assets

£56.5M

Current Liabilities

£39.0M

Fixed Assets

£656k

Debtors

£55.7M

Profit After Tax

£130k

4avg. employees+4

Tax at Year End(2023)

Corp tax£24k

Balance Sheet

Bank loans & overdrafts£14.1M
Assets less current liabilities£18.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.45+£130k
20231.87+£8k
20221.85+£78k
20211.58-£249k
20201.61-£360k
20191.65—

Derived from filed accounts. Not audited figures.