Folgen Services Ltd
10991254
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/10/2017
IT CONSULTANT
BRITISH · ENGLAND · Age 56
Also on 2 other boards
Persons with Significant Control
Mr Olatunde James Adebajo
British · England · Age 56
36, Gelbelands, Benfleet, SS7 4LT
Notified 02/10/2017
CompanyRankvs 27716+ SIC 62020 peers67
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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 31/10/2024
Turnover
£61k
Annual revenue
Net Worth
£23k
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
£15k
Bottom line earnings
Net Current Assets
£3k
Working capital
Current Assets
£6k
Current Liabilities
£3k
Fixed Assets
£20k
Profit After Tax
£12k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.06 | +£3k |
| 2023 | — | +£13k |
| 2022 | 1.93 | — |
| 2021 | 6.27 | — |
| 2020 | 0.74 | — |
| 2019 | 0.82 | — |
| 2018 | 1.66 | — |
Derived from filed accounts. Not audited figures.