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Fuel N Vape Ltd

12067266

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

12 SWALLOWFIELDS, BLACKBURN, BB1 8NR
Incorporated 24/06/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mr Mohammed Patel

director · Since 24/06/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 29

Also on 5 other boards

Persons with Significant Control

Mr Mohammed Patel

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 29

12, Swallowfields, Blackburn, BB1 8NR

Notified 24/06/2019

CompanyRankvs 15730+ SIC 47990 peers
48

Financial strength52th percentile among SIC peers · 13/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.76× · 6/20
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 strength13/25 pts

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

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 30/06/2020

Net Worth

£219

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£16k

Current Liabilities

£21k

Fixed Assets

£6k

1avg. employees

Balance Sheet

Assets less current liabilities£2k
Signed by Mr M Patel 10/04/2021Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20200.76

Derived from filed accounts. Not audited figures.