Faith Associates International Cic
11099016
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/12/2017
CONSULTANT
BRITISH · ENGLAND · Age 55
Also on 6 other boards
secretary · Since 01/12/2020
Persons with Significant Control
Mr Shaukat Hayat Warraich
British · England · Age 55
Baker House 41, Baker Street, High Wycombe, HP11 2RZ
Notified 06/12/2017
CompanyRankvs 9032+ SIC 70210 peers38
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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 31/12/2023
Turnover
£33k
Annual revenue
Net Worth
-£4k
Balance sheet strength
Cash
£3k
Cash in the bank
Profit Before Tax
-£38k
Bottom line earnings
Net Current Assets
-£631
Working capital
Current Assets
£11k
Current Liabilities
£12k
Debtors
£8k
Cost of Sales
£13k
Gross Profit
£20k
Admin Expenses
£58k
Operating Profit
-£38k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.95 | -£38k |
| 2022 | 124.37 | -£4k |
| 2021 | 6.50 | — |
Derived from filed accounts. Not audited figures.