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Finmech Law Limited

12600012

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

UNIT 6A GOLDING BARN, HENFIELD ROAD, HENFIELD, BN5 9XH
Incorporated 13/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63990
Other information service activities

Officers

Mr Max Terry

director · Since 02/11/2020

DIRECTOR

BRITISH · ENGLAND · Age 22

Ms Sharon Drewett

director · Since 19/05/2022

ENGLAND

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Persons with Significant Control

Ms Sharon Drewett

Significant control

British · England · Age 48

Unit 6a, Golding Barn, Henfield Road, Henfield, BN5 9XH

Notified 19/05/2022

Former PSCs

Mr Paul Robert Miller

Ceased 02/11/2020

Mr Edward Derby

Ceased 02/11/2020

CompanyRankvs 12055+ SIC 63990 peers
37

Financial strength4th percentile among SIC peers · 1/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.41× · 2/20
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 strength1/25 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.

Liquidity2/20 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

-£43k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£147k

Working capital

Current Assets

£103k

Current Liabilities

£250k

Fixed Assets

£104k

3avg. employees+1

Balance Sheet

Assets less current liabilities-£43k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.41-£79k
20240.69-£2k
20230.74

Derived from filed accounts. Not audited figures.