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Furnix Ltd

13388428

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

FLAT 20 RUSSELL PICKERING HOUSE, LONDON, SW4 6NH
Incorporated 11/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade
47190
Other retail sale in non-specialised stores

Officers

Mr Kadmit Singh Nangpal

director · Since 11/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 2 other boards

Mr Jagtar Singh

director · Since 23/12/2021

BUSINESS PERSON

AFGHAN · ENGLAND · Age 38

Also on 3 other boards

Persons with Significant Control

Mr Kadmit Singh Nangpal

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

British · England · Age 34

Flat 20 Russell Pickering House, Clapham Road Estate, London, SW4 6NH

Notified 11/05/2021

Mr Jagtar Singh

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

Afghan · England · Age 38

Flat 20 Russell Pickering House, Clapham Road Estate, London, SW4 6NH

Notified 31/08/2022

CompanyRankvs 17782+ SIC 46900 peers
39

Financial strength2th percentile among SIC peers · 1/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.81× · 6/20
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.

Employees12/15 pts

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

Liquidity6/20 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

-£162k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£179k

Working capital

Current Assets

£950k

Current Liabilities

£1.2M

Fixed Assets

£21k

3avg. employees

Balance Sheet

Assets less current liabilities-£158k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.81+£0
20250.81+£51k
20240.66+£45k
20230.59—
20220.96—

Derived from filed accounts. Not audited figures.