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Fnz Wealthtech Limited

08729370

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

10TH FLOOR, 135 BISHOPSGATE, LONDON, EC2M 3TP
Incorporated 11/10/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

John Anthony Llewellyn Blackman

director · Since 11/10/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 4 other boards

Mr John Tomlins

director · Since 01/08/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 14 other boards

Charges0 outstanding

Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 29/07/2015Registered 06/08/2015Satisfied 29/01/2019

CompanyRankvs 359730+ SIC 62012 peers
39

Financial strength1th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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35973Fnz Wealthtech Limited
45
How is this score calculated?
Financial strength0/25 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.

Liquidity6/20 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.

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

or ∙ the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the Company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Page 6 JHC Systems Limited Independent Auditor's Report to the Membe

Key FinancialsYear ending 31/12/2019

Turnover

£22.1M

Annual revenue

Net Worth

-£2.4M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Profit Before Tax

-£2.6M

Bottom line earnings

Net Current Assets

-£2.8M

Working capital

Current Assets

£7.1M

Current Liabilities

£9.8M

Fixed Assets

£426k

Debtors

£5.3M

Cost of Sales

£12.1M

Gross Profit

£10.0M

Admin Expenses

£12.5M

Operating Profit

-£2.5M

Profit After Tax

-£1.9M

231avg. employees

People Costs

Wages & salaries£12.9M
NI contributions£1.3M

Balance Sheet

Assets less current liabilities-£2.3M
Prepared with Caseware UK (AP4) 2019.0.227

EstimatesDerived

YearCurrent Ratio
20190.72

Derived from filed accounts. Not audited figures.