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Fairolive Limited

11177210

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

PARAMOUNT HOUSE, EGHAM, TW20 8RX
Incorporated 30/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87200
Residential care activities for mental health, substance abuse and intellectual disabilities
87300
Residential care activities for the elderly and disabled
88100
Social work activities without accommodation for the elderly and disabled
88990
Other social work activities without accommodation

Officers

Mr Joseph Olaleye

director · Since 15/01/2019

ACCOUNTANT

BRITISH · ENGLAND · Age 45

Mrs Kikelomo Aduke Olaleye

director · Since 06/04/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 1 other board

Persons with Significant Control

Mr Joseph Olaleye

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-firm
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

British · England · Age 45

Paramount House, 1 Delta Way, Egham, TW20 8RX

Notified 29/01/2019

Mrs Kikelomo Aduke Olaleye

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-firm
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

British · United Kingdom · Age 43

Paramount House, 1 Delta Way, Egham, TW20 8RX

Notified 25/05/2023

Former PSCs

Mr Adewale Aderoju

Ceased 21/01/2019

Mrs Kikelomo Olaleye

Ceased 25/05/2023

CompanyRankvs 397+ SIC 87200 peers
82

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.03× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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397Fairolive Limited
82
How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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.

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 31/01/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£148k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.6M

Current Liabilities

£545k

Fixed Assets

£28k

Debtors

£1.5M

95avg. employees+32

Balance Sheet

Assets less current liabilities£1.1M
Signed by Mr Joseph Olaleye 30/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.03+£587k
20243.23+£175k
20234.65+£105k
20223.46+£230k
20211.50+£40k
2020-1.16—

Derived from filed accounts. Not audited figures.