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Fortuitous Capital Ltd

11603076

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
55 / 100

Notable Risks

25/30
Filing
10/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

106A COMMERCIAL STREET, NEWPORT, NP11 6EE
Incorporated 03/10/2018

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

30/07/2026

On track

Confirmation statement

Last: 02/10/2025

Due 16/10/2026

On track

Industry

64191
64191
64999
Other financial service activities

Officers

Mr Paul Simon Chadney

director · Since 03/10/2018

CONSULTANT

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mrs Jacqueline Chadney

director · Since 01/06/2022

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

Mr Paul Simon Chadney

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

British · United Kingdom · Age 58

10, St. Helens Road, Swansea, SA1 4AW

Notified 03/10/2018

Mrs Jacqueline Chadney

25–50% shares
25–50% votes

British · England · Age 57

10, St. Helens Road, Swansea, SA1 4AW

Notified 01/02/2022

Insolvency History1 case

members voluntary liquidation01/04/2026

Simon Thomas Barriball (practitioner) · Helen Whitehouse (practitioner)

CompanyRankvs 75+ SIC 64191 peers
60

Financial strength89th percentile among SIC peers · 22/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 3.05× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees5/15 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.

Risk deductions

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

£180k

Balance sheet strength

Cash

£115k

Cash in the bank

Net Current Assets

£191k

Working capital

Current Assets

£284k

Current Liabilities

£93k

Debtors

£169k

0avg. employees

Balance Sheet

Assets less current liabilities£191k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.05+£575
20231.98—

Derived from filed accounts. Not audited figures.