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Festina Finance Limited

10303598

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

27 GREVILLE STREET, LONDON, EC1N 8SU
Incorporated 29/07/2016

Compliance

Last accounts

31/12/2025

small

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 22/07/2025

Due 05/08/2026

On track

Industry

58290
Other software publishing

Officers

Mr Mikael Braagaard

director · Since 29/07/2016

DIRECTOR

DANISH · DENMARK · Age 65

Mr Morten Schantz

director · Since 29/07/2016

DIRECTOR

DANISH · DENMARK · Age 63

Canute Secretaries Limited

secretary · Since 01/08/2018

BRITISH

Also on 146 other boards

Persons with Significant Control

Mr Morten Schantz

75–100% shares
75–100% votes
Significant control

Danish · Denmark · Age 63

Kjeldgårdsvej 3, Værløse, 3500

Notified 29/07/2016

CompanyRankvs 2125+ SIC 58290 peers
49

Financial strength44th percentile among SIC peers · 11/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 4.26× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength11/25 pts

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

Employees3/15 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.

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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2025

Turnover

£375k

Annual revenue

Net Worth

£100

Balance sheet strength

Cash

£57k

Cash in the bank

Profit Before Tax

£3k

Bottom line earnings

Net Current Assets

£147k

Working capital

Current Assets

£192k

Current Liabilities

£45k

Debtors

£135k

Cost of Sales

£312k

Gross Profit

£63k

Admin Expenses

£48k

Operating Profit

£15k

Profit After Tax

£3k

0avg. employees

Tax at Year End

Corp tax£661

Balance Sheet

Assets less current liabilities£147k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20254.26
20248.08
20235.55
202212.01
20211.68

Derived from filed accounts. Not audited figures.