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Farsim Collection Limited

08654735

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

33 BEACH STREET, DEAL, CT14 6HY
Incorporated 19/08/2013

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 06/06/2025

Due 20/06/2026

On track

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Farhan Shafique

director · Since 19/08/2013

FASHION DESIGN

BRITISH · ENGLAND · Age 40

Also on 2 other boards

Persons with Significant Control

Mr Farhan Shafique

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes

British · England · Age 40

33, Beach Street, Deal, CT14 6HY

Notified 10/04/2016

CompanyRankvs 15190+ SIC 47190 peers
37

Financial strength4th percentile among SIC peers · 1/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.46× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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15190Farsim Collection Limited
36
How is this score calculated?
Financial strength1/25 pts

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

Employees6/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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 31/08/2025

Net Worth

-£64k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£35k

Working capital

Current Assets

£30k

Current Liabilities

£65k

1avg. employees-1

Balance Sheet

Assets less current liabilities-£35k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.46+£10k
20240.46+£13k
2023—+£9k
20220.02-£25k
20210.04-£56k
20200.04+£663
2019—-£5k

Derived from filed accounts. Not audited figures.