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Frolyx Property Ltd

10527724

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • 19 outstanding charges (-10)

Details

1 LAWNS COURT, WAKEFIELD, WF2 0UT
Incorporated 15/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Ayotunde Olorunfemi Fasae

director · Since 15/12/2016

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Mrs Morolake Olufunke Fasae

director · Since 15/12/2016

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 4 other boards

Persons with Significant Control

Mr Ayotunde Fasae

25–50% shares
25–50% votes

British · England · Age 52

1, Lawns Court, Wakefield, WF2 0UT

Notified 15/12/2016

Mrs Morolake Olufunke Fasae

25–50% shares
25–50% votes

British · England · Age 49

1, Lawns Court, Wakefield, WF2 0UT

Notified 15/12/2016

Charges19 outstanding

Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 18/05/2026Registered 19/05/2026
Charge
outstanding

FROLYX PROPERTIES LIMITED

Created 13/04/2026Registered 14/04/2026
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 19/11/2025Registered 21/11/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 14/03/2025Registered 18/03/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 06/02/2025Registered 15/02/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 27/09/2024Registered 02/10/2024
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 29/07/2024Registered 31/07/2024
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 26/06/2024Registered 27/06/2024
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 07/06/2024Registered 08/06/2024
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 10/05/2024Registered 14/05/2024
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 07/12/2023Registered 08/12/2023
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 10/08/2023Registered 11/08/2023
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 15/06/2023Registered 19/06/2023
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 15/06/2023Registered 19/06/2023
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 15/06/2023Registered 19/06/2023
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LTD

Created 05/01/2023Registered 10/01/2023
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 11/07/2022Registered 15/07/2022
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 19/04/2021Registered 07/05/2021
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 10/08/2020Registered 28/08/2020
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED (T/A PRECISE MORTGAGES)

Created 07/06/2019Registered 10/06/2019Satisfied 16/11/2024
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED (T/A PRECISE MORTGAGES)

Created 10/05/2019Registered 15/05/2019Satisfied 16/11/2024
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED T/A PRECISE MORTGAGES

Created 30/11/2018Registered 06/12/2018Satisfied 16/11/2024
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LTD T/A PRECISE MORTGAGES

Created 10/08/2018Registered 20/08/2018Satisfied 16/11/2024
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED T/A PRECISE MORTGAGES

Created 10/05/2018Registered 30/05/2018Satisfied 16/11/2024
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED T/A PRECISE MORTGAGES

Created 10/05/2018Registered 30/05/2018Satisfied 16/11/2024
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED T/A PRECISE MORTGAGES

Created 10/05/2018Registered 30/05/2018Satisfied 16/11/2024
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED T/A PRECISE MORTGAGES

Created 10/05/2018Registered 30/05/2018Satisfied 16/11/2024
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 04/01/2018Registered 11/01/2018Satisfied 10/01/2023
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 10/05/2017Registered 12/05/2017Satisfied 16/11/2024

CompanyRankvs 27245+ SIC 68100 peers
53

Financial strength61th percentile among SIC peers · 15/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 10.34× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength15/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£5k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£18k

Working capital

Current Assets

£20k

Current Liabilities

£2k

Fixed Assets

£1.2M

Debtors

£14k

0avg. employees

Balance Sheet

Bank loans & overdrafts£5k
Assets less current liabilities£1.3M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202410.34-£53k
2023+£6k
2022+£16k
2021+£5k
2020+£16k

Derived from filed accounts. Not audited figures.