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Fondly Ltd

12626720

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

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 27/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46190
Agents involved in the sale of a variety of goods
46310
Wholesale of fruit and vegetables
46370
Wholesale of coffee, tea, cocoa and spices
47290
Other retail sale of food in specialised stores

Officers

Mr Benjamin Olaolu Olufowobi

director · Since 27/05/2020

BUYING AND SELLING

NIGERIAN · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Mr Benjamin Olaolu Olufowobi

75–100% shares

Nigerian · England · Age 56

20-22, Wenlock Road, London, N1 7GU

Notified 27/05/2020

CompanyRankvs 5825+ SIC 46190 peers
43

Financial strength44th percentile among SIC peers · 11/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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5825Fondly Ltd
43
How is this score calculated?
Financial strength11/25 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.

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 31/05/2023

Net Worth

£463

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£301

Working capital

Current Assets

£12

Current Liabilities

£313

1avg. employees

Balance Sheet

Assets less current liabilities£301
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20230.04
20220.89

Derived from filed accounts. Not audited figures.