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Fail Forward (Sussex) Ltd

13048930

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

23 DAWES AVENUE, WORTHING, BN11 2JY
Incorporated 27/11/2020

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 26/11/2025

Due 10/12/2026

On track

Industry

47250
Retail sale of beverages in specialised stores

Officers

Mr Patrick Joshua Cascante

director · Since 27/11/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 30

Persons with Significant Control

Mr Patrick Joshua Cascante

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

British · United Kingdom · Age 30

23, Dawes Avenue, Worthing, BN11 2JY

Notified 27/11/2020

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 22/04/2021Registered 26/04/2021

CompanyRankvs 2430+ SIC 47250 peers
28

Financial strength16th percentile among SIC peers · 4/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength4/25 pts

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

Employees11/15 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.

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 30/11/2025

Net Worth

-£22k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£17k

Working capital

Current Assets

£9k

Current Liabilities

£26k

Fixed Assets

£1k

Debtors

£2k

5avg. employees

Tax at Year End

VAT£2k

Balance Sheet

Intangible assets£1k
Bank loans & overdrafts£7k
Assets less current liabilities-£15k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.35-£2k£33k
20240.41-£9k£35k
20230.45

Derived from filed accounts. Not audited figures.