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Only Fools Ltd

12139941

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

FRP ADVISORY TRADING LIMITED, DERBY HOUSE, PRESTON, PR1 3JJ
Incorporated 05/08/2019

Compliance

Last accounts

31/08/2022

total exemption full

Next accounts due

31/05/2024

Overdue

Confirmation statement

Last: 17/05/2023

Due 31/05/2024

Overdue

Industry

56302
Public houses and bars

Officers

Mr Craig Charles Mcdermott

director · Since 05/08/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 4 other boards

Persons with Significant Control

Mr Craig Charles Mcdermott

75–100% shares

British · England · Age 40

Frp Advisory Trading Limited, Derby House, 12 Winckley Square, Preston, PR1 3JJ

Notified 05/08/2019

Former PSCs

Mr James Richard Daly

Ceased 17/05/2023

Insolvency History1 case

creditors voluntary liquidation09/10/2023

Lila Thomas (practitioner) · David Robert Acland (practitioner)

CompanyRankvs 15+ SIC 56302 peers
14

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 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.

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.

Risk deductions

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/08/2022

Net Worth

-£21k

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

-£117k

Working capital

Current Assets

£54k

Current Liabilities

£171k

Fixed Assets

£157k

Debtors

£10k

12avg. employees-4

Balance Sheet

Assets less current liabilities£41k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20220.32-£33k
20210.47

Derived from filed accounts. Not audited figures.