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Firm Waters Ifa Ltd

05028947

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

C/O FREEMANS, LONDON, N14 6NZ
Incorporated 28/01/2004

Compliance

Last accounts

30/06/2024

unaudited abridged

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 04/08/2025

Due 18/08/2026

On track

Industry

64999
Other financial service activities
66220
Activities of insurance agents and brokers

Officers

Mr Raman Romi Pal

director · Since 01/03/2015

FINANCIAL ADVISER

BRITISH · UNITED KINGDOM · Age 53

Persons with Significant Control

Mr Raman Romi Pal

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

British · United Kingdom · Age 53

C/O Freemans, London, N14 6NZ

Notified 06/04/2016

Former PSCs

Mrs Minni Sharma

Ceased 01/08/2023

CompanyRankvs 9254+ SIC 64999 peers
52

Financial strength41th percentile among SIC peers · 10/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.92× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength10/25 pts

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

Employees6/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Going concern The accounts have been prepared on a going concern basis. The directors are aware however of material uncertainties that cast doubt on the company's ability to continue as a going concer

Key FinancialsYear ending 30/06/2024

Net Worth

£478

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£34k

Current Liabilities

£18k

Fixed Assets

£2k

Debtors

£29k

1avg. employees

Tax at Year End(2019)

Corp tax£17k

Director Loans(2019)

Directors owe company£4k

Balance Sheet

Assets less current liabilities£19k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.92
20232.33
20222.92
20216.98
20203.48
20190.90
20180.89

Derived from filed accounts. Not audited figures.