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Fades & Blades London Ltd

12210269

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

5 VICTORIA ROAD, ROMFORD, RM1 2HU
Incorporated 17/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96020
Hairdressing and other beauty treatment

Officers

Mr Olumide Odunayo Bankole

director · Since 17/09/2019

BARBER

BRITISH · UNITED KINGDOM · Age 36

Also on 3 other boards

Persons with Significant Control

Mr Olumide Odunayo Bankole

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

British · United Kingdom · Age 36

144, Belhouse Avenue, South Ockendon, RM15 4BF

Notified 17/09/2019

CompanyRankvs 20077+ SIC 96020 peers
55

Financial strength54th percentile among SIC peers · 14/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.98× · 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 strength14/25 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 30/09/2024

Net Worth

£1k

Balance sheet strength

Cash

£220

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£58k

Current Liabilities

£60k

Fixed Assets

£7k

Debtors

£57k

5avg. employees+2

Tax at Year End

Corp tax£7k

Balance Sheet

Assets less current liabilities£6k
Signed by Mr Olumide Bankole 26 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.98
20231.60
20220.24
20210.08
20200.01

Derived from filed accounts. Not audited figures.