Let'S Be Frank Limited
10873313
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/07/2017
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 36
Also on 1 other board
Persons with Significant Control
Francesca Cotton
British · England · Age 36
20, Oswald Norris Way, Crawley, RH11 9UJ
Notified 12/08/2019
Former PSCs
Max David John Cotton
Ceased 19/01/2022
CompanyRankvs 18811+ SIC 73110 peers40
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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 31/12/2024
Net Worth
-£147k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£150k
Working capital
Current Assets
£9k
Current Liabilities
£159k
Fixed Assets
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.06 | -£130k |
| 2023 | 0.69 | +£30k |
| 2022 | 0.38 | -£23k |
| 2021 | 0.34 | — |
Derived from filed accounts. Not audited figures.