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Fairwood Accountants Limited

09963527

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

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

Details

517A HAGLEY ROAD, SMETHWICK, B66 4AX
Incorporated 21/01/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mr Waqas Sabwani

director · Since 21/01/2016

ACCOUNTANT

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Waqas Sabwani

75–100% shares

British · England · Age 45

517a, Hagley Road, Smethwick, B66 4AX

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/09/2021Registered 27/09/2021

CompanyRankvs 7037+ SIC 69201 peers
67

Financial strength84th percentile among SIC peers · 21/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.9× · 16/20
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 strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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

£72k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£72k

Working capital

Current Assets

£153k

Current Liabilities

£81k

7avg. employees+1

Balance Sheet

Assets less current liabilities£72k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20251.90+£18k
20241.74+£6k
20231.67

Derived from filed accounts. Not audited figures.