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Fanela Limited

04049871

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

590 GREEN LANES, LONDON, N13 5RY
Incorporated 09/08/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46420
Wholesale of clothing and footwear

Officers

Mr Artemis Pallari

director · Since 09/08/2000

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 7 other boards

Persons with Significant Control

Fanela Holding Limited

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

590, Green Lanes, London, N13 5RY

Reg: 15865600 · Companies House · Limited Company

Notified 02/12/2024

Former PSCs

Mr Artemis Pallari

Ceased 02/12/2024

Charges5 outstanding

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outstanding

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CompanyRankvs 2260+ SIC 46420 peers
56

Financial strength61th percentile among SIC peers · 15/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2260Fanela Limited
62
How is this score calculated?
Financial strength15/25 pts

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

Employees15/15 pts

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

Liquidity6/20 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

£2k

Balance sheet strength

Cash

£70k

Cash in the bank

Net Current Assets

-£296k

Working capital

Current Assets

£2.3M

Current Liabilities

£2.6M

Fixed Assets

£535k

Debtors

£1.5M

Profit After Tax

£792k

79avg. employees-2

Tax at Year End

Dividends paid-£1.8M

Balance Sheet

Bank loans & overdrafts£525k
Assets less current liabilities£240k
Signed by 04049871 2024-01-01 2024-12-31 04049871 2024-12-31 04049871 bus:OrdinaryShareClass1 2024-12-31 04049871 core:RetainedEarPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.89-£1.0M
20230.98-£201k
20221.00+£44k
20210.94+£106k
20200.93+£7k
20190.78-£73k
20180.86—

Derived from filed accounts. Not audited figures.