Fairlet Ltd
12687327
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Narendranath Chivukula
British · United Kingdom · Age 44
52 Louden Square, Louden Square, Reading, RG6 1FN
Notified 20/06/2020
Mrs Radhika Bijibilla
Indian · United Kingdom · Age 41
320 Firecrest Court, Centre Park, Warrington, WA1 1RG
Notified 20/06/2020
Charges2 outstanding
THE MORTGAGE WORKS (UK) PLC
PARAGON BANK PLC
CompanyRankvs 81933+ SIC 68100 peers34
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 29/06/2025
Net Worth
£25k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£268k
Working capital
Current Assets
£1k
Current Liabilities
£269k
Fixed Assets
£243k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.00 | +£6k |
| 2024 | 0.01 | +£40k |
| 2023 | 0.01 | +£299 |
| 2022 | 0.01 | -£1k |
| 2021 | 0.01 | — |
Derived from filed accounts. Not audited figures.