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Fralc Limited

13388244

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

OFFICE 3 TRENT BUSINESS PARK, LICHFIELD, WS13 6RN
Incorporated 11/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Amerjit Kaur

director · Since 11/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Mr Rashpal Singh

director · Since 11/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 2 other boards

Persons with Significant Control

Five Rivers Group Holdings Limited

75–100% shares
75–100% votes
Appoint directors

1a, Birch House, Aldridge, WS9 0NF

Reg: 13382706 · Uk Register Of Companies · Private Company Limited By Shares

Notified 11/05/2021

CompanyRankvs 30939+ SIC 56101 peers
27

Financial strength2th percentile among SIC peers · 1/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity5 years trading (max 15) · 5/15
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.

Employees4/15 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 30/11/2024

Net Worth

-£418k

Balance sheet strength

Cash

£62k

Cash in the bank

Net Current Assets

-£404k

Working capital

Current Assets

£65k

Current Liabilities

£468k

Debtors

£2k

1avg. employees-17

Balance Sheet

Assets less current liabilities-£404k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.14-£256k
20230.32-£184k
20220.64

Derived from filed accounts. Not audited figures.