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Family Connect Ltd

07340484

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

6 SHEEP STREET, SKIPTON, BD23 1JH
Incorporated 09/08/2010

Compliance

Last accounts

30/11/2024

medium

Next accounts due

28/08/2026

On track

Confirmation statement

Last: 09/08/2025

Due 23/08/2026

On track

Industry

47421
Retail sale of mobile telephones

Officers

Masih Family

director · Since 01/11/2018

Iranian

Newsha Missaghi

director · Since 15/10/2020

British

Former

Helen Family

secretary · Resigned 03/10/2019

Helen Family

director · Resigned 03/10/2019

Mehrdad Family

director · Resigned 03/10/2019

CompanyRankvs 105+ SIC 47421 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.28× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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

Going concern doubt: -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 30/11/2024

Turnover

£3.2M

Annual revenue

Net Worth

£1.4M

Balance sheet strength

Cash

£217k

Cash in the bank

Profit Before Tax

£1.0M

Bottom line earnings

Net Current Assets

£1.1M

Working capital

Current Assets

£1.6M

Current Liabilities

£476k

Fixed Assets

£469k

Debtors

£1.3M

Cost of Sales

£2.6M

Gross Profit

£536k

Admin Expenses

£507k

Operating Profit

£29k

Profit After Tax

£1.0M

25avg. employees

Tax at Year End

Corp tax£31k
Dividends paid£1.5M

People Costs

Wages & salaries£580k
NI contributions£51k

Balance Sheet

Intangible assets£39k
Assets less current liabilities£1.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.28+£0
20243.28-£490k
20235.25

Derived from filed accounts. Not audited figures.