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Faqs360 Ltd

11660950

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

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 06/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Muhammad Mahmood

director · Since 06/11/2018

SOFTWARE ENGINEER

PAKISTANI · UNITED KINGDOM · Age 51

Persons with Significant Control

Mr Muhammad Mahmood

50–75% shares
50–75% votes

Pakistani · United Kingdom · Age 51

124, City Road, London, EC1V 2NX

Notified 06/11/2018

CompanyRankvs 25553+ SIC 62012 peers
51

Financial strength79th percentile among SIC peers · 20/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0× · 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 strength20/25 pts

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

Employees6/15 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 30/11/2024

Net Worth

£38k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£38k

Working capital

Current Assets

£104

Current Liabilities

£38k

1avg. employees

Balance Sheet

Assets less current liabilities£38k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00+£4k
20230.00+£10k
20220.08+£5k
20210.26

Derived from filed accounts. Not audited figures.