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Fairbetter Ltd

11458279

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

11 FIFTH FLOOR, LONDON, EC3V 1LP
Incorporated 11/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62011
Ready-made interactive leisure and entertainment software development
62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Mr Timothy Russel Wheals

director · Since 11/07/2018

COMPUTER CONSULTANT

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Persons with Significant Control

Mr Timothy Russel Wheals

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

British · United Kingdom · Age 54

11, Fifth Floor, London, EC3V 1LP

Notified 11/07/2018

CompanyRankvs 5520+ SIC 62011 peers
30

Financial strength7th percentile among SIC peers · 2/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.01× · 2/20
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 strength2/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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 31/07/2024

Net Worth

-£33k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£33k

Working capital

Current Assets

£249

Current Liabilities

£33k

0avg. employees

Balance Sheet

Assets less current liabilities-£33k
Prepared with FreeAgent

EstimatesDerived

YearCurrent Ratio
20240.01

Derived from filed accounts. Not audited figures.