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Fairmont Painters Ltd

12166255

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)
  • Current liabilities exceed current assets (-10)

Details

11 PORTLAND RD, BIRMINGHAM, B16 9HN
Incorporated 20/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Ian Mcmillan

director · Since 20/08/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Persons with Significant Control

Mr Ian Mcmillan

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

British · United Kingdom · Age 60

82 Birmingham Road, Kidderminster, DY10 2SR

Notified 20/08/2019

CompanyRankvs 80589+ SIC 96090 peers
41

Financial strength1th percentile among SIC peers · 0/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.54× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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80589Fairmont Painters Ltd
36
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.

Employees13/15 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 31/08/2025

Net Worth

-£220k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£127k

Working capital

Current Assets

£149k

Current Liabilities

£275k

Fixed Assets

£23k

3avg. employees

Balance Sheet

Assets less current liabilities-£104k
Signed by Mr Ian Mcmillan 10/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.54-£89k
20240.95-£63k
20230.85-£86k
20221.69-£20k
20212.86+£33k
20202.14—

Derived from filed accounts. Not audited figures.