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Floating Point Wellness Ltd

09383921

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

GROUND FLOOR, BOURNE HOUSE HORSESHOE ROAD, READING, RG8 7JQ
Incorporated 12/01/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86900
Other human health activities

Officers

Mrs Tanbir Cordova

secretary · Since 12/01/2015

Mr Michael John Cordova

director · Since 12/01/2015

DIRECTOR

ENGLISH · ENGLAND · Age 46

Persons with Significant Control

Mr Michael John Cordova

25–50% shares
25–50% votes

English · England · Age 46

8 Josephine Court, Southcote Road, Reading, RG30 2DG

Notified 06/04/2016

Mrs Tanbir Cordova

25–50% shares
25–50% votes

British · United Kingdom · Age 38

8 Josephine Court, Southcote Road, Reading, RG30 2DG

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HUGH MICHAEL HANSEN

Created 15/07/2015Registered 22/07/2015

CompanyRankvs 47462+ SIC 86900 peers
29

Financial strength1th percentile among SIC peers · 0/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees11/15 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.

Longevity11/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2025

Net Worth

-£180k

Balance sheet strength

Cash

£855

Cash in the bank

Net Current Assets

-£200k

Working capital

Current Assets

£16k

Current Liabilities

£216k

Fixed Assets

£24k

Debtors

£15k

2avg. employees

Tax at Year End(2022)

VAT£3k

Director Loans(2023)

Company owes directors£62k

Balance Sheet

Assets less current liabilities-£176k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.07-£16k
20240.05-£38k
20230.07-£58k
20220.27-£17k£55k
20210.33+£381
20200.31-£9k
20190.27

Derived from filed accounts. Not audited figures.