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Firat Construction Limited

11164447

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

170 QUEENS DRIVE, SWINDON, SN3 1AN
Incorporated 23/01/2018

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 18/01/2026

Due 01/02/2027

On track

Industry

41100
Development of building projects
43310
Plastering
43341
Painting
68100
Buying and selling of own real estate

Officers

Mehmet Korkmaz

director · Since 23/01/2018

DIRECTOR

TURKISH · ENGLAND · Age 63

Persons with Significant Control

Mehmet Korkmaz

75–100% shares
75–100% votes
Appoint directors

Turkish · England · Age 63

170, Queens Drive, Swindon, SN3 1AN

Notified 23/01/2018

CompanyRankvs 32607+ SIC 41100 peers
54

Financial strength84th percentile among SIC peers · 21/25
Employees68th percentile among SIC peers · 10/15
LiquidityNo balance sheet data · 0/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£201k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

Current Liabilities

£34k

Fixed Assets

£1.3M

2avg. employees

Tax at Year End(2021)

Corp tax£31k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£14k
2023+£20k
2022+£8k
2021+£134k
202019.16+£15k
201915.36

Derived from filed accounts. Not audited figures.