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Frugal Business Services Ltd

09324431

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

1C WOOLWICH NEW ROAD, WOOLWICH, SE18 6EX
Incorporated 24/11/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road
50200
Sea and coastal freight water transport
62020
Information technology consultancy activities
64999
Other financial service activities

Officers

Mr Peter Osezua

director · Since 24/11/2014

SALES MANAGER

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Persons with Significant Control

Mr Peter Osezua

75–100% shares

Nigerian · England · Age 44

1c, Woolwich New Road, Woolwich, SE18 6EX

Notified 06/04/2016

CompanyRankvs 3674+ SIC 49410 peers
76

Financial strength81th percentile among SIC peers · 20/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 6.01× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees9/15 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.

Longevity12/15 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 30/11/2024

Net Worth

£25k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£9k

Current Liabilities

£2k

Fixed Assets

£17k

Debtors

£6k

2avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20246.01+£9k
2023+£5k
2022+£2k
2021+£7k
20202.42-£2k
20195.29-£4k
201810.04

Derived from filed accounts. Not audited figures.