Faizbit Ltd
07737850
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Last accounts
31/08/2025
total exemption full
Next accounts due
31/05/2027
Confirmation statement
Last: 03/09/2025
Due 17/09/2026
Industry
Officers
Persons with Significant Control
Mr Waheed Ahmad
British · England · Age 64
380, High Road, Harrow, HA3 6HQ
Notified 25/08/2016
CompanyRankvs 83985+ SIC 62020 peers38
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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 31/08/2024
Net Worth
-£33k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£33k
Working capital
Current Assets
£4k
Current Liabilities
£36k
Debtors
£374
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.10 | -£18k | — |
| 2023 | 0.26 | -£14k | — |
| 2022 | — | -£4k | — |
| 2021 | 1.87 | -£3k | £30k |
| 2020 | 1.66 | +£543 | £30k |
| 2019 | 1.77 | — | £50k |
Derived from filed accounts. Not audited figures.