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Folde Systems Limited

09544671

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

C/O HUDSON WEIR LIMITED, LONDON, E1 8EU
Incorporated 15/04/2015

Compliance

Last accounts

30/04/2022

micro entity

Next accounts due

31/01/2024

Overdue

Confirmation statement

Last: 13/04/2023

Due 27/04/2024

Overdue

Industry

31090
Manufacture of other furniture

Officers

Mr Maciej Warwas

director · Since 15/04/2015

DIRECTOR

BRITISH · ENGLAND · Age 57

Mr Marek Zajkowski

director · Since 15/04/2015

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mr Maciej Warwas

25–50% shares
25–50% votes

British · England · Age 57

C/O Hudson Weir Limited, 58 Leman Street, London, E1 8EU

Notified 15/04/2016

Mr Marek Zajkowski

25–50% shares
25–50% votes

British · England · Age 52

C/O Hudson Weir Limited, 58 Leman Street, London, E1 8EU

Notified 15/04/2016

Insolvency History1 case

creditors voluntary liquidation07/06/2024

Nimish Chandrakant Patel (practitioner) · Hasib Howlader (practitioner) · Kevin James Wilson Weir (practitioner)

CompanyRankvs 15+ SIC 31090 peers
22

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Insolvency history -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.

Employees0/15 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.

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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/04/2022

Net Worth

-£8k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£148k

Current Liabilities

£177k

Fixed Assets

£43k

5avg. employees

Balance Sheet

Assets less current liabilities£24k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20220.83+£79k
20210.45—

Derived from filed accounts. Not audited figures.