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Fola Fabrics Ltd

12518248

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

182 BUTELY ROAD, LUTON, LU4 9EY
Incorporated 16/03/2020

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 15/03/2026

Due 29/03/2027

On track

Industry

13910
Manufacture of knitted and crocheted fabrics

Officers

Mrs Folasade Morenike Edokpayi

director · Since 16/03/2020

CHILD CARE PRACTITIONER

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Persons with Significant Control

Mrs Folasade Morenike Edokpayi

75–100% shares

British · England · Age 47

182, Butely Road, Luton, LU4 9EY

Notified 16/03/2020

CompanyRankvs 78+ SIC 13910 peers
61

Financial strength51th percentile among SIC peers · 13/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 6.16× · 20/20
Longevity6 years trading (max 15) · 6/15
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.

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.

Longevity6/15 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 31/03/2025

Net Worth

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£2k

Current Liabilities

£282

1avg. employees+1

Balance Sheet

Assets less current liabilities£1k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20256.16-£894
20240.10
20231.86
20222.76
20211.58

Derived from filed accounts. Not audited figures.