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Finnsworth Limited

11478805

in administration
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

6TH FLOOR 2, LONDON, EC2Y 5AU
Incorporated 23/07/2018

Compliance

Last accounts

31/12/2023

total exemption full

Next accounts due

30/09/2025

Overdue

Confirmation statement

Last: 31/08/2023

Due 14/09/2024

Overdue

Industry

22230
Manufacture of builders' ware of plastic
82990
Other business support service activities

Officers

Mr Mukesh Dhanji Patel

director · Since 23/07/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 9 other boards

Persons with Significant Control

Mr Mukesh Dhanji Patel

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

British · United Kingdom · Age 39

6th Floor 2, London Wall Place, London, EC2Y 5AU

Notified 23/07/2018

Charges2 outstanding

Charge
outstanding

FINBIZ FUNDING LIMITED

Created 12/06/2024Registered 24/06/2024
Charge
outstanding

BIBBY FINANCIAL SERVICES LIMITED

Created 29/05/2024Registered 31/05/2024
Charge
satisfied

BIZLEND LTD

Created 26/10/2023Registered 26/10/2023Satisfied 06/02/2024
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 20/06/2022Registered 24/06/2022Satisfied 25/06/2024

Insolvency History1 case

in administration

James Alexander Snowdon (practitioner) · Georgina Marie Eason (practitioner)

CompanyRankvs 15+ SIC 22230 peers
9

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity6/20 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.

Risk deductions

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2023

Net Worth

£254k

Balance sheet strength

Cash

£55k

Cash in the bank

Net Current Assets

-£330k

Working capital

Current Assets

£1.1M

Current Liabilities

£1.4M

Fixed Assets

£1.1M

Debtors

£722k

8avg. employees

Balance Sheet

Assets less current liabilities£818k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20230.76

Derived from filed accounts. Not audited figures.