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Ftl Commercials Ltd

08678308

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

UNIT 6 GRASSGATE LANE, WISBECH, PE14 7AN
Incorporated 05/09/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Frankie Thomas Lee

director · Since 05/09/2013

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 1 other board

Mrs Terrina Alana Lee

director · Since 05/04/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Frankie Thomas Lee

25–50% shares
25–50% votes
Appoint directors

British · England · Age 44

Folkham Hall, 612 Leverington Common, Wisbech, PE13 5JN

Notified 01/06/2016

Mrs Terrina Alana Lee

25–50% shares
25–50% votes

British · England · Age 40

Folkham Hall, 612 Leverington Common, Wisbech, PE13 5JN

Notified 01/07/2020

Former PSCs

Terrina Lee

Ceased 01/07/2020

CompanyRankvs 1906+ SIC 45112 peers
79

Financial strength77th percentile among SIC peers · 19/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.39× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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1906Ftl Commercials Ltd
78
How is this score calculated?
Financial strength19/25 pts

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

Employees12/15 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.

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 31/03/2023

Net Worth

£44k

Balance sheet strength

Cash

£1

Cash in the bank

Net Current Assets

£329k

Working capital

Current Assets

£566k

Current Liabilities

£237k

Fixed Assets

£70k

Debtors

£45k

3avg. employees+1

Balance Sheet

Assets less current liabilities£399k
Prepared with Sage Accounts Production Advanced 2021 - FRS102_2021

EstimatesDerived

YearCurrent RatioImplied Profit
20232.39-£9k
20221.64+£19k
20211.96—

Derived from filed accounts. Not audited figures.