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Franklin Bay Limited

12209678

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

11 ATTE LANE, BRACKNELL, RG42 2QG
Incorporated 16/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64205
Activities of financial services holding companies

Officers

David Claude Snelgrove

director · Since 16/09/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Persons with Significant Control

David Claude Snelgrove

75–100% shares

British · England · Age 46

11, Atte Lane, Bracknell, RG42 2QG

Notified 16/09/2019

CompanyRankvs 443+ SIC 64205 peers
61

Financial strength79th percentile among SIC peers · 20/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 4.2× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees9/15 pts

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

Liquidity20/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 31/12/2025

Net Worth

£194k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

£192k

Working capital

Current Assets

£252k

Current Liabilities

£60k

Fixed Assets

£2k

Debtors

£232k

1avg. employees

Balance Sheet

Assets less current liabilities£195k
Signed by Mr D Snelgrove,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.20+£148k
20243.14

Derived from filed accounts. Not audited figures.