Friends For Needs Limited
11454059
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/07/2018
DIRECTOR
BRITISH · ENGLAND · Age 66
Also on 2 other boards
Persons with Significant Control
Miss Antonietta Salvati
British · England · Age 61
3, Station Approach, March, PE15 8SJ
Notified 09/07/2018
Mr Samuel Tosin Awolesi
British · England · Age 66
3, Station Approach, March, PE15 8SJ
Notified 09/07/2018
Former PSCs
Mrs Dawn Samson
Ceased 31/05/2020
CompanyRankvs 51521+ SIC 86900 peers39
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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 31/07/2024
Net Worth
-£19k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£21k
Working capital
Current Assets
£13k
Current Liabilities
-£9k
Fixed Assets
£0
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.43 | +£5k |
| 2023 | 7.70 | -£19k |
| 2022 | 47.55 | -£2k |
| 2021 | 291.70 | — |
Derived from filed accounts. Not audited figures.