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Fair Finance Limited

03112887

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

KINETIC CENTRE, BOREHAMWOOD, WD6 4PJ
Incorporated 12/10/1995

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/08/2025

Due 25/08/2026

On track

Industry

64992
64992

Officers

Mr Jeff Maurice Hammerschlag

director · Since 12/10/1995

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 76

Also on 5 other boards

Mr Ralph Stern Ca (Sa)

director · Since 12/10/1995

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 73

Also on 3 other boards

Pamela Heather Hammerschlag

director · Since 01/12/1995

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 73

Also on 7 other boards

Pamela Heather Hammerschlag

secretary · Since 30/06/2000

BRITISH · UNITED KINGDOM · Age 73

Also on 7 other boards

Mr David Elie Najar

director · Since 15/09/2025

CREDIT CONTROLLER

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Mr Jeff Maurice Hammerschlag

25–50% shares
25–50% votes

British · England · Age 76

Kinetic Centre, Borehamwood, WD6 4PJ

Notified 06/04/2016

Mrs Pamela Hammerschlag

25–50% shares
25–50% votes

British · England · Age 73

Kinetic Centre, Borehamwood, WD6 4PJ

Notified 03/03/2021

Charges1 outstanding

charge
satisfied

ABLEMERE LIMITED

Created 09/05/2001Registered 11/05/2001Satisfied 13/02/2018
charge
outstanding

JEFF MAURICE HAMMERSCHLAG

Created 09/05/2001Registered 11/05/2001
charge
satisfied

BANK LEUMI (UK) PLC

Created 06/04/1999Registered 08/04/1999Satisfied 05/04/2012
charge
satisfied

BANK LEUMI (UK) PLC

Created 06/04/1999Registered 08/04/1999Satisfied 19/04/2012
charge
satisfied

OLYMPIAN TRUST

Created 15/07/1997Registered 19/07/1997Satisfied 17/03/1999
charge
satisfied

LLOYDS BANK PLC

Created 05/06/1997Registered 11/06/1997Satisfied 03/04/1999
charge
satisfied

ABLEMERE LIMITED

Created 07/10/1996Registered 10/10/1996Satisfied 27/06/1998

CompanyRankvs 26+ SIC 64992 peers
63

Financial strength67th percentile among SIC peers · 17/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.43× · 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 strength17/25 pts

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

Employees14/15 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

£356k

Balance sheet strength

Cash

£579k

Cash in the bank

Net Current Assets

£356k

Working capital

Current Assets

£1.2M

Current Liabilities

£834k

Fixed Assets

£2

Debtors

£612k

5avg. employees

Tax at Year End(2023)

Corp tax£36k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.43-£51k
20231.47-£9k
20221.38+£195k
20211.21-£75k
20201.29-£13k
20191.56-£47k
20181.46+£88k
20171.13

Derived from filed accounts. Not audited figures.