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Free Finance Ltd

13129795

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

563 CHISWICK HIGH ROAD, LONDON, W4 3AY
Incorporated 12/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education

Officers

Mrs Francesca Fossatelli

director · Since 12/01/2021

DIRECTOR

ITALIAN · UNITED KINGDOM · Age 33

Mr Simon Lever

director · Since 12/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 30

Also on 1 other board

Persons with Significant Control

Dorot Capital Ltd

25–50% shares
25–50% votes

17, Grosvenor Street, London, W1K 4QG

Notified 12/01/2021

Mrs Francesca Fossatelli

25–50% shares
25–50% votes

Italian · United Kingdom · Age 33

563, Chiswick High Road, London, W4 3AY

Notified 12/01/2021

Former PSCs

Mr Marco Jonathan Eman

Ceased 12/01/2021

CompanyRankvs 37621+ SIC 85590 peers
24

Financial strength2th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.11× · 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.

Employees0/15 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 31/01/2025

Net Worth

-£83k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£83k

Working capital

Current Assets

£11k

Current Liabilities

£94k

Director Loans

Company owes directors£94k

Balance Sheet

Assets less current liabilities-£83k
Signed by Mrs Francesca Fossatelli 25/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.11-£18k
20240.07-£28k
20230.19—

Derived from filed accounts. Not audited figures.