Folulakes Ltd
09955801
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/01/2025
micro entity
Next accounts due
31/10/2026
Confirmation statement
Last: 11/02/2026
Due 25/02/2027
Industry
Officers
director · Since 18/01/2016
DIRECTOR
BRITISH · UNITED KINGDOM · Age 64
Also on 1 other board
Persons with Significant Control
Mr Billiaminu Lekan Ogunsola
British · England · Age 64
19, Hidcote Drive, Milton Keynes, MK4 4FU
Notified 17/01/2017
CompanyRankvs 100223+ SIC 62020 peers30
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/01/2025
Net Worth
-£31k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£30k
Working capital
Current Assets
£222
Current Liabilities
£30k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.01 | +£6k |
| 2024 | 0.01 | -£1k |
| 2023 | 0.25 | -£3k |
| 2022 | 0.27 | -£8k |
| 2021 | 0.42 | -£37k |
| 2020 | 1.54 | — |
Derived from filed accounts. Not audited figures.