Back to search

Fornax Capital Ltd

09944830

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

INCHMEAD SUITE, WINNERSH, RG41 5RD
Incorporated 11/01/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies
64303
Activities of venture and development capital companies
70100
Activities of head offices

Officers

Mr Marcus Sooknandan

director · Since 31/03/2026

SOUTH AFRICAN · SOUTH AFRICA · Age 55

Persons with Significant Control

Meaningful Partnerships (Pty) Limited

75–100% shares
75–100% votes

Unit 13, River Mews, Gauteng

Reg: 2023/978163/07 · South Africa Cipro · Limited Company

Notified 15/03/2026

Former PSCs

Jason Mark Swales

Ceased 01/11/2017

Mr Henrik Hojgaard

Ceased 15/03/2026

Mr Jacob Daniels

Ceased 19/04/2022

Charges1 outstanding

Charge
outstanding

CASAR 2021 INVESTMENT SHAREHOLDING LIMITED LIABILITY COMPANY

Created 15/03/2026Registered 02/04/2026
Charge
satisfied

JADE STATE WEALTH LIMITED

Created 15/05/2016Registered 29/05/2016

CompanyRankvs 1293+ SIC 64209 peers
58

Financial strength96th percentile among SIC peers · 24/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 216.39× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 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.

Longevity10/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/01/2024

Net Worth

£7.0M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£15.2M

Working capital

Current Assets

£15.3M

Current Liabilities

£71k

Debtors

£521k

1avg. employees

Director Loans

Company owes directors£71k

Balance Sheet

Assets less current liabilities£15.2M
Signed by Mr Henrik Hojgaard 20 November 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2024216.39-£3.0M
202310.30-£1.2M
202215.58-£626k

Derived from filed accounts. Not audited figures.