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Folando Ltd

13100028

active
Private Limited Company
Companies House
Health Score
57 / 100

Notable Risks

25/30
Filing
0/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 24/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Frederick Folawiyo Ishola

director · Since 24/12/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 2 other boards

Persons with Significant Control

Mr Frederick Folawiyo Ishola

75–100% shares

British · United Kingdom · Age 44

20-22, Wenlock Road, London, N1 7GU

Notified 24/12/2020

Charges4 outstanding

Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 08/09/2025Registered 09/09/2025
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 02/08/2023Registered 04/08/2023
Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 25/05/2023Registered 25/05/2023
Charge
outstanding

PARATUS AMC LIMITED

Created 22/06/2022Registered 23/06/2022
Charge
satisfied

SHAWBROOK BANK LIMITED

Created 28/03/2022Registered 30/03/2022Satisfied 20/06/2023
Charge
satisfied

SDKA LTD

Created 28/05/2021Registered 03/06/2021Satisfied 10/03/2023

CompanyRankvs 131592+ SIC 68100 peers
27

Financial strength8th percentile among SIC peers · 2/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.54× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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131592Folando Ltd
33
How is this score calculated?
Financial strength2/25 pts

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

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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 31/12/2024

Net Worth

-£38k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£11k

Working capital

Current Assets

£13k

Current Liabilities

£24k

Fixed Assets

£404k

Debtors

£930

1avg. employees

Director Loans(2021)

Company owes directors£23k

Balance Sheet

Assets less current liabilities£393k
Signed by Mr Frederick Ishola 04/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.54+£2k
20230.33-£15k
20220.35-£16k
20211.13—

Derived from filed accounts. Not audited figures.