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Faredeal Private Hire Ltd

13376950

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 12 JINNAH BUSINESS PARK, BRADFORD, BD1 5LQ
Incorporated 05/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49390
Other passenger land transport

Officers

Faras Khan

director · Since 05/05/2021

British

CompanyRankvs 42000+ SIC 49390 peers
35

Financial strength43th percentile among SIC peers · 11/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.47× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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4200Faredeal Private Hire Ltd
35
How is this score calculated?
Financial strength11/25 pts

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

Employees2/15 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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

£472

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£158

Working capital

Current Assets

£138

Current Liabilities

£296

Fixed Assets

£1k

0avg. employees

Balance Sheet

Assets less current liabilities£997
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20250.47
20250.47
20242.06
20230.85

Derived from filed accounts. Not audited figures.