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Fireaway Se Ltd.

12777210

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

69 NORWOOD ROAD, LONDON, SE24 9AA
Incorporated 29/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Usman Ahmed

director · Since 29/07/2020

DIRECTOR

PAKISTANI · UNITED KINGDOM · Age 34

Mr Zaki Ahmed

director · Since 01/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Persons with Significant Control

Mr Usman Ahmed

75–100% shares
75–100% votes

Pakistani · United Kingdom · Age 34

114 Oval Road, Croydon, Croydon, CR0 6BL

Notified 29/07/2020

CompanyRankvs 15729+ SIC 56103 peers
52

Financial strength4th percentile among SIC peers · 1/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 5.74× · 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 strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 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 31/07/2024

Net Worth

-£58k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£13k

Current Liabilities

£2k

Fixed Assets

£103k

Debtors

£4k

4avg. employees

Balance Sheet

Intangible assets£5k
Assets less current liabilities£113k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20245.74-£490
20230.31-£33k
20220.76-£49k

Derived from filed accounts. Not audited figures.