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Farntech Ventures Ltd

11525207

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)

Details

1 CANADA SQUARE, LONDON, E14 5AA
Incorporated 20/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Dr. Oluwasijibomi Oluwagbemiga Sanya

director · Since 20/08/2018

CHIEF FINANCIAL OFFICER

BRITISH · ENGLAND · Age 38

Also on 10 other boards

Persons with Significant Control

Dr. Oluwasijibomi Oluwagbemiga Sanya

25–50% shares
75–100% votes
Appoint directors

British · England · Age 38

1, Canada Square, London, E14 5AA

Notified 20/08/2018

Mr Taribo Oluwaseun Ryan Romeo

25–50% shares

British · United Kingdom · Age 35

1, Canada Square, London, E14 5AA

Notified 02/10/2019

CompanyRankvs 22482+ SIC 62090 peers
62

Financial strength85th percentile among SIC peers · 21/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.94× · 16/20
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.

Employees2/15 pts

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

Liquidity16/20 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 31/12/2023

Net Worth

£84k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£171k

Current Liabilities

£88k

Debtors

£171k

Profit After Tax

£4k

0avg. employees
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20231.94+£4k
2022-£15k
20219.08

Derived from filed accounts. Not audited figures.