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Fifosys Limited

04308503

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

6, HAMPSTEAD WEST, LONDON, NW6 2HL
Incorporated 22/10/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Miteshkumar Ratilal Patel

director · Since 22/10/2001

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 9 other boards

Nital Rajendra Patel

secretary · Since 18/02/2006

IT CONULTANT

BRITISH · Age 45

Persons with Significant Control

Mr Miteshkumar Ratilal Patel

50–75% shares
50–75% votes
Appoint directors

British · England · Age 48

Unit 6, 224 Iverson Road, London, NW6 2HL

Notified 17/11/2016

Former PSCs

Mrs Nital Rajendra Patel

Ceased 14/05/2024

Charges1 outstanding

Charge
outstanding

COOL ASSETS LTD

Created 14/05/2024Registered 15/05/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/05/2007Registered 12/06/2007Satisfied 28/06/2019
charge
satisfied

FISCO LIMITED AND JOHN RICHARD FISHER

Created 28/04/2006Registered 10/05/2006Satisfied 23/04/2024

CompanyRankvs 3367+ SIC 62020 peers
76

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.58× · 16/20
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 strength25/25 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.

Liquidity16/20 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 31/03/2025

Net Worth

£3.3M

Balance sheet strength

Cash

£669k

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£4.4M

Current Liabilities

£2.8M

Fixed Assets

£3.7M

Debtors

£3.7M

Profit After Tax

£309k

76avg. employees+38

Balance Sheet

Assets less current liabilities£5.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.58+£2.0M
20241.42+£258k
20231.27+£219k
20221.00+£25k
20211.77-£141k
20201.79+£98k
20192.74

Derived from filed accounts. Not audited figures.