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Fairwoods (Preston) Ltd

09404346

active
Private Limited Company
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)
  • Going concern doubt noted in accounts (-10)

Details

1 HARDMAN STREET, MANCHESTER, M3 3HF
Incorporated 23/01/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Yusuf Musa

director · Since 23/01/2015

SOLICITORS

BRITISH · UNITED KINGDOM · Age 40

Also on 4 other boards

Persons with Significant Control

Peninsula (Nw) Ltd

75–100% shares
75–100% votes
Appoint directors

8 Eastway Business Village, Olivers Place, Preston, PR2 9WT

Reg: 12421579 · Companies House · Company Limited By Shares

Notified 08/02/2021

Former PSCs

Mr Yusuf Musa

Ceased 08/02/2021

CompanyRankvs 167586+ SIC 70229 peers
20

Financial strength0th percentile among SIC peers · 0/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees2/15 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

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

the director is aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. The company has net current liabilities and net liabilities at the balance sheet date. 1.3 Revenue Revenue comprises sales of goods or services provided to customers net of value added tax and other

Key FinancialsYear ending 31/05/2025

Net Worth

-£966k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£966k

Working capital

Current Assets

£22k

Current Liabilities

£988k

Fixed Assets

£0

Debtors

£9k

0avg. employees

Tax at Year End(2023)

Corp tax£0

Balance Sheet

Intangible assets£0
Assets less current liabilities-£966k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02+£0
20250.02-£980k
20241.07+£101k
20231.00
20221.08
20210.95
202017.77+£26k
20191.35+£112k
20181.18

Derived from filed accounts. Not audited figures.