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Fountain Solicitors Ltd

05744831

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

36 BRADFORD STREET, WALSALL, WS1 3QA
Incorporated 16/03/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69102
Solicitors

Officers

Mr Ramzan Sharif

director · Since 16/03/2006

SOLICITOR

BRITISH · UNITED KINGDOM · Age 50

Also on 4 other boards

Persons with Significant Control

Mr Ramzan Sharif

75–100% shares

British · United Kingdom · Age 50

36, Bradford Street, Walsall, WS1 3QA

Notified 01/05/2016

CompanyRankvs 83+ SIC 69102 peers
88

Financial strength90th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 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.

Liquidity20/20 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 31/03/2025

Net Worth

£446k

Balance sheet strength

Cash

£1.8M

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£2.1M

Current Liabilities

£410k

Fixed Assets

£292k

Debtors

£261k

37avg. employees+1

Balance Sheet

Bank loans & overdrafts£15k
Assets less current liabilities£1.9M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20255.00+£7k
20243.95-£16k
20233.69+£309k
20222.26+£54k
20210.94+£560k
20200.62-£556k
20190.42

Derived from filed accounts. Not audited figures.