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Folka Ltd

11762832

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)

Details

84 STOKE NEWINGTON CHURCH STR, LONDON, N16 0AP
Incorporated 11/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47510
Retail sale of textiles in specialised stores
47599
Retail sale of furniture, lighting equipment and other household articles
47770
Retail sale of watches and jewellery in specialised stores

Officers

Miss Karolina Merska

director · Since 11/01/2019

DESIGNER

POLISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Miss Karolina Merska

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

Polish · United Kingdom · Age 44

48a, Stoke Newington Church Street, London, N16 0NB

Notified 11/01/2019

Former PSCs

Mrs Karolina Paczkowska-Martin

Ceased 16/08/2019

CompanyRankvs 2575+ SIC 47510 peers
31

Financial strength11th percentile among SIC peers · 3/25
Employees37th percentile among SIC peers · 6/15
LiquidityNo balance sheet data · 0/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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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.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 31/01/2025

Net Worth

-£21k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

Current Liabilities

£15k

Fixed Assets

£1k

1avg. employees

Tax at Year End

VAT£8k

Director Loans

Company owes directors£5k

Balance Sheet

Assets less current liabilities-£13k
Signed by Miss Karolina Merska 25/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
2025-£4k£160k
20240.10+£207£120k
20230.43-£3k£80k
20221.92-£39k£80k
20211.17+£19k

Derived from filed accounts. Not audited figures.