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Fag Worldwide Limited

11649053

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

105 FRIZLANDS LANE, DAGENHAM, RM10 7HL
Incorporated 30/10/2018

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 24/11/2025

Due 08/12/2026

On track

Industry

55209
Other holiday and short-stay accommodation
56102
Unlicensed restaurants and cafes
56290
Other food service activities
87200
Residential care activities for mental health, substance abuse and intellectual disabilities

Officers

Mr Abiodun Gbagba

director · Since 30/10/2018

TRADER

BRITISH · UNITED KINGDOM · Age 63

Persons with Significant Control

Mr Abiodun Gbagba

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

British · United Kingdom · Age 63

7 Hind Terrace, Mill Lane, London, RM20 4XT

Notified 30/10/2018

CompanyRankvs 5257+ SIC 55209 peers
44

Financial strength26th percentile among SIC peers · 7/25
Employees50th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.96× · 6/20
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 strength7/25 pts

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

Employees8/15 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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

-£696

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£29k

Working capital

Current Assets

£29k

Current Liabilities

£30k

Fixed Assets

£522

Debtors

£26k

1avg. employees

Balance Sheet

Assets less current liabilities£30k
Signed by Mr Abiodun GBAGBA 31/07/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.96

Derived from filed accounts. Not audited figures.