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Fairway Legal Expenses Limited

05143223

active
Private Limited Company
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)

Details

13 BURY & ROCHDALE OLD ROAD, BURY, BL9 7TY
Incorporated 02/06/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Nasra Waheed

secretary · Since 02/06/2004

BRITISH · Age 52

Also on 1 other board

Mr Mohammed Waheed

director · Since 02/06/2004

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 4 other boards

Mrs Nasra Waheed

director · Since 02/06/2015

OFFICE MANAGER

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Mrs Nasra Waheed

25–50% shares
25–50% votes

British · England · Age 52

13, Bury & Rochdale Old Road, Bury, BL9 7TY

Notified 06/04/2016

Mr Mohammed Waheed

25–50% shares
25–50% votes

British · England · Age 54

13, Bury & Rochdale Old Road, Bury, BL9 7TY

Notified 06/04/2016

CompanyRankvs 2002+ SIC 66220 peers
64

Financial strength79th percentile among SIC peers · 20/25
Employees91th percentile among SIC peers · 14/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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2002Fairway Legal Expenses Limited
64
How is this score calculated?
Financial strength20/25 pts

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

Employees14/15 pts

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

Liquidity0/20 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.

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

Key FinancialsYear ending 31/12/2023

Net Worth

£112k

Balance sheet strength

Cash

£336k

Cash in the bank

Net Current Assets

-£121k

Working capital

Current Assets

—

Current Liabilities

£457k

Fixed Assets

£233k

9avg. employees+3
Prepared with VT Final Accounts

EstimatesDerived

YearImplied Profit
2020-£175k
2019+£54k

Derived from filed accounts. Not audited figures.