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Finance Base Ltd

11664784

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

2 BRACKLEY SQUARE, WOODFORD GREEN, IG8 7LL
Incorporated 07/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70221
Financial management
78109
Other activities of employment placement agencies

Officers

Mr Usman Mirza

director · Since 07/11/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Persons with Significant Control

Mr Usman Mirza

75–100% shares

British · United Kingdom · Age 42

C/O Clever Accounts Ltd Brookfield Court, Selby Road, Leeds, LS25 1NB

Notified 07/11/2018

CompanyRankvs 12948+ SIC 70221 peers
24

Financial strength10th percentile among SIC peers · 3/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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12948Finance Base Ltd
33
How is this score calculated?
Financial strength3/25 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going conc

Key FinancialsYear ending 30/11/2025

Net Worth

-£2k

Balance sheet strength

Cash

£49

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£49

Current Liabilities

£2k

1avg. employees

Director Loans

Company owes directors£2k

Balance Sheet

Assets less current liabilities-£2k
Signed by Mr Usman Mirza 21 August 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02-£378
20240.03-£300
20230.01—

Derived from filed accounts. Not audited figures.