Faras Transport Ltd
10126765
Healthy
No risk factors detected.
Details
Compliance
Last accounts
30/04/2025
micro entity
Next accounts due
31/01/2027
Confirmation statement
Last: 16/05/2025
Due 30/05/2026
Industry
Officers
Persons with Significant Control
Mr Khadar Mohamud Shaqlane
British · England · Age 39
Unit 5 Red Lion Court, Alexandra Road, Hounslow, TW3 1JS
Notified 19/11/2020
Mr Saed Yusuf Guure
British · England · Age 52
416 Crown House, North Circular Road, London, NW10 7PN
Notified 01/05/2022
Former PSCs
Mr Khadar Mohamud Shaqlane
Ceased 01/08/2020
Mr Mohamed Siad Abdi
Ceased 19/11/2020
CompanyRankvs 4376+ SIC 49410 peers77
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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 30/04/2025
Net Worth
£78k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£26k
Working capital
Current Assets
£79k
Current Liabilities
£53k
Fixed Assets
£52k
Tax at Year End(2024)
Director Loans(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 1.50 | +£7k | — |
| 2024 | 1.74 | +£19k | £572k |
| 2023 | 1.63 | +£31k | £630k |
| 2022 | 1.17 | +£5k | £97k |
| 2021 | 4.06 | -£6k | — |
| 2020 | 9.19 | -£1k | — |
| 2019 | 10.55 | +£10k | — |
| 2018 | 5.78 | — | — |
Derived from filed accounts. Not audited figures.