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Futura Financial Services Group Ltd

13267614

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

CRESCENT HOUSE,, WORTHING, BN11 1RN
Incorporated 15/03/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66190
Other activities auxiliary to financial services

Officers

Mr Paul Michael Ollerton

secretary · Since 15/03/2021

Also on 26 other boards

Mr Paul Michael Ollerton

director · Since 15/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 26 other boards

Mrs Fiona Margaret Partridge

secretary · Since 04/08/2022

Persons with Significant Control

Futura Financial Solutions Ltd

75–100% shares

Crescent House,, Crescent Road, Worthing, BN11 1RN

Reg: 13057416 · Companies House · Private Limited Company

Notified 01/04/2021

Former PSCs

Mr Paul Michael Ollerton

Ceased 01/04/2021

Charges1 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED AS LENDER

Created 30/05/2025Registered 05/06/2025
Charge
satisfied

SME LENDING LIMITED

Created 12/10/2023Registered 16/10/2023Satisfied 02/06/2025
Charge
satisfied

STEPHEN BAKER AND THERESA KATHERINE BAKER

Created 03/08/2022Registered 09/08/2022Satisfied 06/06/2023

CompanyRankvs 5192+ SIC 66190 peers
16

Financial strength1th percentile among SIC peers · 0/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees14/15 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.

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

Outstanding charges: -10 pts

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

Going Concern Doubt

160; Based on these assessments and having regard to the resources available to the entity, the director s have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements. 1.3 Turnover Turnover is recognised at the fair value of the consideration receivable for management services provided in t

Key FinancialsYear ending 31/12/2024

Net Worth

-£1.1M

Balance sheet strength

Cash

£35k

Cash in the bank

Net Current Assets

-£6.0M

Working capital

Current Assets

£184k

Current Liabilities

£6.2M

Fixed Assets

£13.3M

Debtors

£149k

7avg. employees+2

Balance Sheet

Intangible assets£8.2M
Assets less current liabilities£7.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03+£525k
20230.04-£1.1M
20225.64-£370k
20211.34

Derived from filed accounts. Not audited figures.