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Fashmode Ltd

12907089

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
65 / 100

Some Concerns

25/30
Filing
20/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Active insolvency proceedings (-20)

Details

UNIT A2 LONGFORD TRADING ESTATE THOMAS STREET, MANCHESTER, M32 0JT
Incorporated 25/09/2020

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

31/03/2026

Overdue

Confirmation statement

Last: 24/09/2025

Due 08/10/2026

On track

Industry

46420
Wholesale of clothing and footwear

Officers

Mr Adeel Fiaz

director · Since 25/09/2020

MANAGER

BRITISH · ENGLAND · Age 42

Also on 14 other boards

Mr Usman Riaz

director · Since 25/09/2020

MANAGER

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Mr Adeel Fiaz

50–75% shares
50–75% votes
Appoint directors

British · England · Age 42

Unit A2 Longford Trading Estate, Thomas Street, Manchester, M32 0JT

Notified 25/09/2020

Mr Usman Riaz

25–50% shares
25–50% votes

British · England · Age 43

Unit A2 Longford Trading Estate, Thomas Street, Manchester, M32 0JT

Notified 26/09/2020

Insolvency History1 case

creditors voluntary liquidation27/04/2026

Tauseef Ahmed Rashid (practitioner)

CompanyRankvs 624+ SIC 46420 peers
71

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.14× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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.

Risk deductions

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2024

Net Worth

£4.9M

Balance sheet strength

Cash

£3.1M

Cash in the bank

Net Current Assets

£4.7M

Working capital

Current Assets

£8.7M

Current Liabilities

£4.1M

Fixed Assets

£232k

Debtors

£3.1M

79avg. employees+39

Tax at Year End(2023)

Corp tax£496k
VAT£6k

Director Loans(2023)

Directors owe company£473k

Balance Sheet

Intangible assets£67k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.14+£1.9M
20231.69£115k

Derived from filed accounts. Not audited figures.