Franchise Resales Limited
06079885
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Michael Christopher Bohan
British · England · Age 44
Sparkhouse, Rope Walk, Lincoln, LN6 7DQ
Notified 18/10/2018
Former PSCs
Ms Julie Taylor
Ceased 05/03/2022
CompanyRankvs 2448+ SIC 70229 peers85
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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 01/04/2025
Net Worth
£58k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£114k
Working capital
Current Assets
£191k
Current Liabilities
£77k
Fixed Assets
£79k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.47 | +£5k |
| 2024 | 2.44 | +£223k |
| 2023 | 0.16 | -£476k |
| 2022 | 0.25 | +£530k |
| 2021 | 0.25 | — |
Derived from filed accounts. Not audited figures.