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Franksom Ltd

12939944

active
Private Limited Company
england wales
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

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 09/10/2020

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 08/10/2025

Due 22/10/2026

On track

Industry

02300
Gathering of wild growing non-wood products
47990
Other retail sale not in stores, stalls or markets

Officers

Mr Abdirahman Muhumed Abdulle

director · Since 09/10/2020

ENGINEER

BRITISH · UNITED KINGDOM · Age 39

Persons with Significant Control

Mr Mohamed Ismail

75–100% shares
75–100% votes
Appoint directors

Swedish · England · Age 42

Flat 20 Farrow House, 5 Commander Avenue, London, NW9 5NE

Notified 01/05/2026

Former PSCs

Mr Abdirahman Muhumed Abdulle

Ceased 01/05/2026

CompanyRankvs 31+ SIC 02300 peers
47

Financial strength64th percentile among SIC peers · 16/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.03× · 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 strength16/25 pts

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

Employees8/15 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 31/10/2024

Net Worth

£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£131

Current Liabilities

£4k

1avg. employees

Balance Sheet

Assets less current liabilities£4k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03+£82
20230.02

Derived from filed accounts. Not audited figures.