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Fairmay Ltd

13195810

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

86-90 PAUL STREET, LONDON, EC2A 4NE
Incorporated 11/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
64999
Other financial service activities

Officers

Mr. Ingus Linkevics

director · Since 11/02/2021

DIRECTOR

LATVIAN · ENGLAND · Age 41

Persons with Significant Control

Mr. Ingus Linkevics

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

Latvian · England · Age 41

86-90, Paul Street, London, EC2A 4NE

Notified 11/02/2021

Mr Sergejs Loks

50–75% shares

Latvian · United Kingdom · Age 41

86-90, Paul Street, London, EC2A 4NE

Notified 16/09/2025

CompanyRankvs 9666+ SIC 62012 peers
60

Financial strength97th percentile among SIC peers · 24/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 17.2× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees6/15 pts

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

Liquidity20/20 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

on generating sufficient revenue to sustain its activities. These conditions indicate the existence of a material uncertainty that may cast significant doubt on the company’s ability to continue as a going concern. Nevertheless, in view of the funding received to date and the ongoing support confirmed by the company’s investor and director, the directors have a reasonable expectation that the comp

Key FinancialsYear ending 30/09/2025

Net Worth

£958k

Balance sheet strength

Cash

£11

Cash in the bank

Net Current Assets

£958k

Working capital

Current Assets

£1.0M

Current Liabilities

£59k

Debtors

£1.0M

1avg. employees+1

Balance Sheet

Assets less current liabilities£958k
Signed by Mr Ingus Linkevics 30th June 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202517.20+£1.3M
20250.53-£55k
20240.57-£71k
20230.66-£328k
20221.68

Derived from filed accounts. Not audited figures.