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Faweb Ltd

11794295

active
Private Limited Company
england wales
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)
  • Negative net worth (-10)

Details

38 FREER STREET, WALSALL, WS1 1QF
Incorporated 29/01/2019

Compliance

Last accounts

31/01/2025

micro entity

Next accounts due

29/10/2026

On track

Confirmation statement

Last: 24/05/2026

Due 07/06/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr Hafiz Fawad Hassan

director · Since 29/01/2019

DIRECTOR

PAKISTANI · UNITED KINGDOM · Age 40

Also on 6 other boards

Persons with Significant Control

Mr Hafiz Fawad Hassan

75–100% shares

Pakistani · United Kingdom · Age 40

338, Ladypool Road, Birmingham, B12 8JY

Notified 29/01/2019

CompanyRankvs 54623+ SIC 62012 peers
27

Financial strength6th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.01× · 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 strength2/25 pts

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

Employees0/15 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 31/01/2025

Net Worth

-£60k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£11k

Working capital

Current Assets

£112

Current Liabilities

£11k

Balance Sheet

Assets less current liabilities-£11k
Signed by Mr Hafiz Hassan 22/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£120k
20240.01+£1k
20230.01

Derived from filed accounts. Not audited figures.