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Fownd Limited

06746443

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

2 FROGHALL ROAD, DOOLITTLE YARD, BEDFORD, MK45 2NW
Incorporated 11/11/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77110
Renting and leasing of cars and light motor vehicles

Officers

Mr Paul Bancroft Chater

director · Since 26/03/2018

SALES DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 4 other boards

Mr Paul Anthony Talbot

director · Since 26/03/2018

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 1 other board

Mr Michael John Boon

secretary · Since 10/08/2018

Persons with Significant Control

Independent Fleet Consultants Ltd

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

2, Froghall Road, Bedford, MK45 2NW

Reg: 04158401 · Engalnd And Wales · Limited

Notified 04/07/2023

Former PSCs

Mr Paul Gaetano Tuszynski

Ceased 17/01/2018

Mr Paul Anthony Talbot

Ceased 04/07/2023

Charges1 outstanding

Charge
outstanding

HITACHI CAPITAL (UK) PLC

Created 04/10/2013Registered 07/10/2013
charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED

Created 11/05/2010Registered 13/05/2010Satisfied 19/05/2014

CompanyRankvs 4376+ SIC 77110 peers
31

Financial strength6th percentile among SIC peers · 2/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees3/15 pts

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

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£49k

Balance sheet strength

Cash

£38k

Cash in the bank

Net Current Assets

-£49k

Working capital

Current Assets

£440k

Current Liabilities

£489k

Debtors

£402k

0avg. employees

Tax at Year End

Corp tax£200

Balance Sheet

Assets less current liabilities-£49k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.90+£853
20230.91+£7k
20220.89+£3k
20210.81-£846
20200.78-£7k
20190.76+£306
20180.87

Derived from filed accounts. Not audited figures.