My Fathers Business Limited
04532007
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Former PSCs
Mr Barry Richardson
Ceased 25/10/2021
CompanyRankvs 122162+ SIC 70229 peers42
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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 31/10/2024
Turnover
£2k
Annual revenue
Net Worth
-£959
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£959
Working capital
Current Assets
£504
Current Liabilities
£1k
Profit After Tax
-£673
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.34 |
| 2023 | 0.59 |
| 2022 | 1.26 |
| 2021 | 1.17 |
Derived from filed accounts. Not audited figures.