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Fairwaye Properties Limited

09998562

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

HERSONSWOOD, HEMEL HEMPSTEAD, HP3 0DJ
Incorporated 10/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Kumarappar Sabaratnam

director · Since 10/02/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 6 other boards

Persons with Significant Control

Mr Kumarappar Sabaratnam

25–50% shares

British · United Kingdom · Age 59

Hersonswood, 32 Box Lane, Hemel Hempstead, HP3 0DJ

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 24/10/2023Registered 25/10/2023
Charge
satisfied

METRO BANK PLC

Created 27/01/2017Registered 30/01/2017Satisfied 25/10/2023
Charge
satisfied

METRO BANK PLC

Created 27/01/2017Registered 30/01/2017Satisfied 25/10/2023

CompanyRankvs 14699+ SIC 68209 peers
69

Financial strength96th percentile among SIC peers · 24/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 4.5× · 20/20
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 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.

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 28/02/2025

Net Worth

£1.7M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.4M

Current Liabilities

£318k

Fixed Assets

£1.8M

1avg. employees

Tax at Year End(2024)

Corp tax£19k

Director Loans(2024)

Company owes directors£275k

Balance Sheet

Assets less current liabilities£2.9M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20254.50+£0
20254.50-£440k
20240.27+£60k
20230.24

Derived from filed accounts. Not audited figures.