Fair Wear And Tear Limited
06184258
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/03/2007
DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 3 other boards
director · Since 26/03/2007
DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 5 other boards
Persons with Significant Control
Mr Tim Wakelin
British · England · Age 58
One, St. Peters Road, Maidenhead, SL6 7QU
Notified 30/06/2016
Mrs Kim Sharon Wakelin
British · England · Age 60
One, St. Peters Road, Maidenhead, SL6 7QU
Notified 30/06/2016
CompanyRankvs 96639+ SIC 82990 peers49
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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 28/03/2025
Net Worth
-£9k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£5k
Working capital
Current Assets
£28k
Current Liabilities
£33k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.85 | +£0 |
| 2025 | 0.85 | -£4k |
| 2024 | 1.00 | -£7k |
| 2023 | 1.43 | +£777 |
| 2022 | 1.76 | — |
| 2021 | 0.99 | — |
| 2020 | 0.92 | -£28k |
| 2019 | 0.35 | +£48k |
| 2018 | 0.39 | — |
Derived from filed accounts. Not audited figures.