Back to search

The Fairway Launderette Limited

12592785

active
ltd
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

205 Ley Street, Ilford, IG1 4BL
Incorporated 11/05/2020

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 10/05/2025

Due 24/05/2026

On track

Industry

96010
Washing and (dry-)cleaning of textile and fur products

Officers

Asad Naveed

director · Since 11/05/2020

British · England · Age 45

Saqib Naveed

director · Since 11/05/2020

British · United Kingdom · Age 46

Persons with Significant Control

Mr Asad Naveed

75–100% shares

British · United Kingdom · Age 45

205, Ley Street, Ilford, IG1 4BL

Notified 11/05/2020

Mr Saqib Naveed

25–50% shares

British · United Kingdom · Age 46

205, Ley Street, Ilford, IG1 4BL

Notified 11/05/2020

Change History

officer appointedNAVEED, Asad
2026-05-10
officer appointedNAVEED, Saqib
2026-05-10
statusactive
2026-05-10

Active

typeltd
2026-05-10

Private Limited Company

address line1205 Ley Street
2026-05-10

205 LEY STREET

post townIlford
2026-05-10

ILFORD

CompanyRankvs 1683+ SIC 96010 peers
47

Financial strength57th percentile among SIC peers · 14/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 1.02× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees0/15 pts

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

Liquidity12/20 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 31/05/2025

Net Worth

£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£70

Working capital

Current Assets

£4k

Current Liabilities

£4k

Fixed Assets

£5k

Director Loans(2024)

Company owes directors£10k

Balance Sheet

Assets less current liabilities£5k
Signed by Mr Asad Naveed 3 February 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.02+£0
20251.02+£7k
20240.34
20230.18
20220.20+£460
20210.43

Derived from filed accounts. Not audited figures.

Filing History11 filings

Accounts filed

accounts with accounts type micro entity

16/02/20264 pages · PDF
Confirmation statement

confirmation statement with no updates

12/05/20253 pages · PDF
Accounts filed

accounts with accounts type total exemption full

05/02/20257 pages · PDF
Confirmation statement

confirmation statement with no updates

11/05/20243 pages · PDF
Accounts filed

accounts with accounts type micro entity

22/12/20234 pages · PDF
Confirmation statement

confirmation statement with no updates

11/05/20233 pages · PDF
Accounts filed

accounts with accounts type total exemption full

09/12/20227 pages · PDF
Confirmation statement

confirmation statement with no updates

10/05/20223 pages · PDF
Accounts filed

accounts with accounts type micro entity

08/02/20224 pages · PDF
Confirmation statement

confirmation statement with no updates

06/07/20213 pages · PDF
Incorporated

incorporation company

11/05/202013 pages · PDF