Fringe Furniture Limited
03273243
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Balbir Singh Harrar
British · England · Age 56
C/O Parker Cavendish, Suite 301, Stanmore Business And Innovation Centre, Stanmore, HA7 1FW
Notified 06/04/2016
CompanyRankvs 919+ SIC 31090 peers74
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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.
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
£56k
Balance sheet strength
Cash
£36k
Cash in the bank
Net Current Assets
£46k
Working capital
Current Assets
£125k
Current Liabilities
£79k
Fixed Assets
£13k
Debtors
£87k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.58 | +£80k |
| 2023 | 0.79 | -£5k |
| 2022 | 0.86 | -£15k |
| 2021 | 1.10 | — |
Derived from filed accounts. Not audited figures.