Finance Assured Limited
04040402
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 23/07/2007
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 78
Also on 1 other board
Persons with Significant Control
Mr John Mercer
British · England · Age 71
52, Red Field Croft, Leigh, WN7 1EN
Notified 06/04/2016
Mr Peter Westwell
British · United Kingdom · Age 78
52, Redfield Croft, Leigh, WN7 1EN
Notified 06/04/2016
Charges0 outstanding
PHILIP DUNCAN KNOWLES
CompanyRankvs 8466+ SIC 63110 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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2025
Net Worth
-£108k
Balance sheet strength
Cash
£10k
Cash in the bank
Net Current Assets
-£108k
Working capital
Current Assets
£221k
Current Liabilities
£329k
Fixed Assets
£148
Debtors
£171k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.67 | +£14k |
| 2024 | 0.72 | -£17k |
| 2023 | 0.76 | -£960 |
| 2022 | 0.76 | -£1k |
| 2021 | 0.75 | -£3k |
| 2020 | 0.76 | -£39k |
| 2019 | 0.86 | -£23k |
| 2018 | 0.91 | — |
Derived from filed accounts. Not audited figures.