Fonz Leather Styles Limited
07246377
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 07/12/2025
Due 21/12/2026
Industry
Officers
Former
director · Resigned 07/05/2010
director · Resigned 09/03/2023
director · Resigned 09/03/2023
Persons with Significant Control
Jh1 Group Ltd
45, Lord Street, Birmingham, B7 4DQ
Reg: 14718914 · Companies House · Limited Company
Notified 14/09/2023
Former PSCs
Mr Abdul Hameed
Ceased 14/09/2023
Mr Mohammad Jahangir
Ceased 14/09/2023
Mr Arshad Mehmood Hameed
Ceased 14/09/2023
Charges1 outstanding
HABIB ALLIED INTERNATIONAL BANK PLC
Change History
Private Limited Company
45 LORD STREET
BIRMINGHAM
Active
CompanyRankvs 88+ SIC 46420 peers70
Show leaderboard
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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/03/2025
Turnover
£12.8M
Annual revenue
Net Worth
£7.2M
Balance sheet strength
Cash
£3.1M
Cash in the bank
Profit Before Tax
£716k
Bottom line earnings
Net Current Assets
£5.0M
Working capital
Current Assets
£5.8M
Current Liabilities
£765k
Fixed Assets
£2.4M
Debtors
£1.4M
Cost of Sales
£8.9M
Gross Profit
£3.9M
Admin Expenses
£3.2M
Operating Profit
£683k
Profit After Tax
£532k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 7.57 | +£342k |
| 2024 | 7.63 | +£958k |
| 2023 | 6.28 | +£15k |
| 2022 | 7.47 | +£1.3M |
| 2021 | 4.92 | +£1.3M |
| 2020 | 4.48 | +£1.0M |
| 2019 | 3.02 | — |
Derived from filed accounts. Not audited figures.