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Fahren Taps Ltd

12993881

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

51 HIGH STREET, BIRMINGHAM, B17 9NT
Incorporated 03/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46740
Wholesale of hardware, plumbing and heating equipment and supplies
47540
Retail sale of electrical household appliances in specialised stores

Officers

Mr Kulvinder Tank

director · Since 03/11/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 4 other boards

Mr Simon Sin Ming Wong

director · Since 19/11/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Persons with Significant Control

Mr Kulvinder Tank

25–50% shares
25–50% votes
Appoint directors

British · England · Age 40

51, High Street, Birmingham, B17 9NT

Notified 03/11/2020

Mr Simon Sin Ming Wong

25–50% shares
25–50% votes
Appoint directors

British · England · Age 47

51, High Street, Birmingham, B17 9NT

Notified 19/11/2020

Former PSCs

Mr Shang Zou

Ceased 16/01/2021

CompanyRankvs 2564+ SIC 46740 peers
29

Financial strength2th percentile among SIC peers · 1/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.18× · 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 strength1/25 pts

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

Employees5/15 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 31/03/2025

Net Worth

-£137k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£88k

Working capital

Current Assets

£19k

Current Liabilities

£107k

Fixed Assets

£1k

1avg. employees+1

Balance Sheet

Assets less current liabilities-£87k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.18-£25k
20241.62-£10k
20230.40-£8k
20220.14-£80k
20211.14—

Derived from filed accounts. Not audited figures.