Finer Thread Ltd
12051144
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/06/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 2 other boards
director · Since 14/06/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 35
Also on 1 other board
Persons with Significant Control
Mr Siraj Ibrahim
British · United Kingdom · Age 52
Unit 3, 116 Broughton Lane, Salford, M7 1UF
Notified 14/06/2019
Mr Minhaj Ishak Jarman
British · United Kingdom · Age 35
Unit 3, 116 Broughton Lane, Salford, M7 1UF
Notified 14/06/2019
CompanyRankvs 2005+ SIC 46420 peers70
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/06/2025
Net Worth
£64k
Balance sheet strength
Cash
£36k
Cash in the bank
Net Current Assets
£64k
Working capital
Current Assets
£187k
Current Liabilities
£124k
Debtors
£131k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.51 | -£829 |
| 2024 | 1.50 | -£10k |
| 2023 | 1.63 | +£9k |
| 2022 | 1.54 | +£24k |
| 2021 | 1.50 | +£47k |
| 2020 | 0.81 | — |
Derived from filed accounts. Not audited figures.