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Favola Ltd

06937665

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

162-164 HIGH STREET, RAYLEIGH, SS6 7BS
Incorporated 18/06/2009

Compliance

Last accounts

31/12/2023

total exemption full

Next accounts due

30/09/2025

Overdue

Confirmation statement

Last: 18/06/2025

Due 02/07/2026

Overdue

Industry

46740
Wholesale of hardware, plumbing and heating equipment and supplies
47520
Retail sale of hardware, paints and glass in specialised stores

Officers

Mr Stephen James Cracknell

director · Since 28/04/2026

BRITISH · UNITED KINGDOM · Age 62

Also on 9 other boards

Persons with Significant Control

Mr Stephen James Cracknell

Significant control

British · United Kingdom · Age 62

162-164 High Street, Rayleigh, SS6 7BS

Notified 28/04/2026

Former PSCs

Mrs Sharon Topsfield

Ceased 03/07/2025

Mr Gary Derek Topsfield

Ceased 24/07/2021

CompanyRankvs 1373+ SIC 46740 peers
54

Financial strength37th percentile among SIC peers · 9/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.02× · 12/20
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 strength9/25 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.

Liquidity12/20 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

£798

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£413

Working capital

Current Assets

£26k

Current Liabilities

£25k

Fixed Assets

£475

Debtors

£18k

Profit After Tax

-£7k

0avg. employees

Tax at Year End

Dividends paid£45k

Balance Sheet

Assets less current liabilities£888
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20231.02

Derived from filed accounts. Not audited figures.