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Faafo Limited

10258543

active - proposal to strike off
Private Limited Company
england wales
Companies House
Health Score
N/A

Details

14D BIRMINGHAM ROAD, SUTTON COLDFIELD, B72 1QG
Incorporated 30/06/2016

Compliance

Last accounts

30/06/2023

micro entity

Next accounts due

31/03/2025

Overdue

Confirmation statement

Last: 16/06/2023

Due 30/06/2024

Overdue

Industry

56101
Licensed restaurants

Officers

Mr Sumit Jain

director · Since 29/11/2016

MANAGER

BRITISH · ENGLAND · Age 45

Also on 11 other boards

Persons with Significant Control

Mr Sumit Jain

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

British · England · Age 45

85, Great Portland Street, London, W1W 7LT

Notified 01/04/2019

CompanyRankvs 13003+ SIC 56101 peers
49

Financial strength81th percentile among SIC peers · 20/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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13003Faafo Limited
49
How is this score calculated?
Financial strength20/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 30/06/2023

Net Worth

£61k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£67k

Working capital

Current Assets

£5k

Current Liabilities

£72k

Fixed Assets

£5k

0avg. employees

Balance Sheet

Assets less current liabilities£61k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20230.07

Derived from filed accounts. Not audited figures.